LWW wrote:
1 No, it isn’t ‘close.’ The average net worth of US/Canada absolutely dwarfs China/Cuba/Venezuela by more than 100%.
Average net worth has nothing to do with anything. "Worth" is a relevant thing that is only applicable within a country. It should not be used, without provisos, to compare one country with another.
That is why we have the problems in Hong Kong. Anything to do with protecting against the virus or national security is all CCP BS. Follow the money - it is to stop all the Chinese millionaires and billionaires (and how did they get like that if there wasn't capitalism working full speed ?) from getting their money out of China via Hong Kong. And thus increasing the 'net worth' of US/Canada.
LWW wrote:
2 1% of the US popular has nothing close to 80% of the wealth.
So I might be a few percentage points out but principle remains. Not even sure about how many percentage points I might be out since these are old figures. recent Federal Reserve mucking about has almost certainly made my figures closer to correct.
From wiki - "Reich states that 95% of economic gains went to the top 1% net worth (HNWI) since 2009 when the recovery allegedly started.[10] More recently, in 2017, an Oxfam study found that eight rich people, six of them Americans, own as much combined wealth as half the human race."
LWW wrote:
3 China isn’t communist, nor is it capitalism, it is a slave state.
It is but only because of a different arrangement of the top government officials. It is a rampant capitalist society. There are no, and never has been, a truly communist society on this earth. And there cannot be as long as the human race is basically as greedy as it is.
LWW wrote:
4 The end result of communism is nothing close to an even semi capitalist economy.
Since we have never had communism, see above, I am not sure what point you are making here. China is a capitalist society, it happens to be governed slightly differently than the US for example. There are only two sets of motivations for ruling a country (actually three but since a desire to actually help the country runs a very distant third I am leaving it out). The first is a desire for "power" (or ego) and secondly a desire for "wealth". I am talking about the leaders, not the 100's just under them, and we do see a mix of these two.