this post was submitted on 09 Aug 2026
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[–] Treczoks@lemmy.world 15 points 3 days ago

Imagine living in Lebanon and not being a millionaire...

Even normal people there live in houses worth billions of Lebanese Pounds.

[–] nitroemdash@lemmy.wtf 7 points 3 days ago

The net worth of the world's billionaires is over $16 trillion in 2025¹. 1% being 160 billion. On average, around every 4000 USD send to the most effective charity saves someone's life². So around 40 million children.

This doesn't account, of course, for the difficulty of selling large amounts of stocks without them losing value and the fact that, as low-hanging dangers are depleting, each subsequent child would be more costly to save.

¹ Wikipedia contributors. (2026, August 3). The World's Billionaires. In Wikipedia, The Free Encyclopedia. Retrieved 18:47, August 11, 2026, from https://en.wikipedia.org/w/index.php?title=The_World%27s_Billionaires&oldid=1367525482

² GiveWell. (2026, February). How Much Does It Cost To Save a Life? https://www.givewell.org/how-much-does-it-cost-to-save-a-life

[–] technocrit@lemmy.dbzer0.com 8 points 3 days ago (1 children)

if they are aiming to be a communist country?

lol

[–] UnequalExchange@lemmy.world 7 points 3 days ago (1 children)

that one study by jason hickel et al. in. 2022 has pretty much proveen that china does NOT ever aim to beccoming a communist country because those in power inchina are a-okay with screwing over chinese workers in unequal exchange trade deals.

Also deng xiaoping was a capitalistic rat : https://m.youtube.com/watch?v=GCf1obSZ334&pp=ygUMYnVyeWluZyBkZW5n

[–] Return_of_Chippy@lemmy.world 3 points 3 days ago* (last edited 3 days ago) (1 children)

Don't tell that to @amnesigenic@lemmy.ml

[–] UnequalExchange@lemmy.world 1 points 1 day ago (1 children)

amnesigenic is spamming me cause theyre salty and they know Im correct.

Unless someone cames back at me with sources that prove Im wrong? Im correct. Done and done.

[–] Return_of_Chippy@lemmy.world 1 points 1 day ago* (last edited 1 day ago) (1 children)

They suck big time and are completely ignorant of that verifiable fact. Super easy to fuck with though, which is pretty cool. Regardless of proof and information you provide, it will be inadequate. Literally the epitome of why .ml is so meme'd on and cringe. Bummer because they could be cool.

[–] UnequalExchange@lemmy.world 1 points 1 day ago

Im sorry what is an .ml?

[–] febra@lemmy.world 14 points 3 days ago (7 children)

First and foremost, there's no such thing as a "communist country". Communism is a very late stage of socialist development when all class contradictions have been abolished. We don't know what that might look like, but the consensus is that we can't really talk about a country being communist but rather an overall state of the world.

Secondly, China has a fairly good grip over its billionaire class. They don't have the class power their class has in the US, Europe, or the rest of the western capitalist world. The capitalist class in China is subject to the wishes of the working class represented by the party with its over 100 million members.

[–] Hueristic_Autistic@lemmy.world 4 points 3 days ago* (last edited 3 days ago) (8 children)

100% they have a class based system it's just not talked about.

They do have a bourgeoisie class and a peasent class.

They have doctors, lawyers, construction workers, government employees, billionaires and unprecedented wealth within families.

Then they have the peasant class the rice paddy farmers, the package sorters, the food delivery drivers, the minimum income workers living in cramped apartments and the unemployed.

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[–] bjc@scribe.disroot.org 103 points 5 days ago* (last edited 3 days ago) (11 children)

i have it on good authority from about half of lemmy that china is a wonderful place where everyone feels safe and actually there never were any uyghurs, since that's just western propaganda

itt: people confirming the premise. ni hao baybeeee

[–] stumu415@lemmy.zip 8 points 3 days ago* (last edited 3 days ago) (3 children)

After living and working in the US and now living and working in China (no not a teacher), I can say my life is definitely better in China than it was in the US. And no I'm not a bot or paid CCP stooge. Just a normal person lucky enough to have worked and lived in many places around the world.

There are too many things to mention why China is better besides the obvious like healthcare, social security, infrastructure, green energy, technology, cost of living.

I still don't understand why western media portray China as a communist hell hole, worse than North Korea. Clearly no one bothers to really understand how China works.

And in regards to safety, yes it's one of the safest countries in the world. Actually when you ask Chinese what is good about China, safety is one the core answers. No school shootings, no need for metal detectors at schools. I can leave my electric scooter unlocked with my phone on it, come back an hour later and everything is still there. If I tried that in my birth country, it would be gone by the time I turned around.

Thailand for example is much stricter and run by a military government. When I worked there, one morning we had tanks rolling down the street when the military overthrown the government. And don't say anything about the playboy king or his family.

Anyway, I'll get downvoted but if you are from any of the 62 visa free countries that can visit China, obviously not the US, I recommend you visit and have your eyes and awareness opened. Or just stay in your 'China bad' bubble.

[–] MisterFrog@lemmy.world 1 points 2 days ago

China is a decent place to live, but just as capitalist as anywhere else, and is authoritian (again, like many other places, the US included in that to a decent extent).

And no doubt I'd prefer living there over the US. You couldn't pay me to visit the US.

What drives me crazy though, is MLs and the Chinese state, claiming that they're socialist.

I hecking wish they were... :(

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[–] Smaile@lemmy.ca 42 points 4 days ago (1 children)

Being banned from .lm is a badge of honor.

[–] Valmond@lemmy.dbzer0.com 24 points 4 days ago (1 children)

Here is your Lemmy ban medal;

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[–] Blackfeathr@lemmy.world 27 points 4 days ago (3 children)

Also North Korea is what all countries should strive to emulate.

No, seriously, I've seen a tankie on here say that.

[–] wraekscadu@vargar.org 17 points 4 days ago

Wdym? Haven't you seen the citizens of the democratic people's republic of Korea cheer and cry when they see their beloved leader Kim Jong Un?

Also, did you know that countless people defect from South Korea to the democratic people's republic of Korea???

/s

The second point is legitimately what someone told me on lemmygrad. No, they explicitly said "today". They were not just talking about the 50s-60s.

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[–] Return_of_Chippy@lemmy.world 21 points 5 days ago

I've heard that too

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[–] spittingimage@lemmy.world 68 points 4 days ago (3 children)

Same reason the US has the most prisons even though it's aiming to be the freest country.

[–] Return_of_Chippy@lemmy.world 34 points 4 days ago* (last edited 4 days ago) (2 children)

Systemic racism to control the marginalized and ensure the poor stay with very few viable options?

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[–] TheLunatickle@lemmy.zip 56 points 5 days ago (1 children)

They aren't trying to be communist, they are trying to be "Communist with Chinese elements" which is just capitalism. Similar to how they are a "Democracy with Chinese elements" which is just a dictatorship.

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[–] fisch@lemmy.world 8 points 3 days ago (2 children)

We don't need donations, we just need to tax them at the same level we're taxing regular workers. And since their fortunes are growing at double digit rates, a small annual wealth tax wouldn't hurt them either.

[–] Polisheocket@lemmy.zip 8 points 3 days ago

We need to bring back the tax brackets from the 1950’s

[–] BionicBeaver3000@lemmy.world 5 points 3 days ago

The community allows for the accumulation of wealth by providing services, security and labor. Therefore the community is entitled to a portion of the accumulated wealth in form of taxation.

No man is an island, and nobody becomes a billionaire from their own labor. Community matters.

[–] someone@lemmy.today 6 points 3 days ago (5 children)

China's restrictions on free speech scare me... and I don't like all their policies... at all...

but, in China's defense...

Many countries that have tried to implement communism have been overthrown... and so if China is trying to position itself in a technologically dominant way to avoid being overthrown, embracing some limited capitalism to foster technological dominance may make sense. If you look at China, they make a lot of great tech and they are really excelling at robotics.

If someone is really good at making money, they sometimes use that capital to create more companies or push technological development further. So it may be a thought out policy choice to allow limited capitalism, even resulting in billionaires, so as to gain technological dominance, so as to not be overthrown?

[–] BarneyPiccolo@lemmy.today 7 points 3 days ago

No political system can exist in its purest form. ALL successful governments are a mix of the best elements of multiple systems. America positions itself as the big democracy, but many of the best things about America are SOCIALIST.

Communist China ran into all sorts of problems when they tried to implement the purest form, but now that they've allowed capitalism into the mix, job quality and working conditions have increased greatly, and they have become the manufacturing capital of the world.

They will end up being the most influential country on the planet, without firing a shot.

[–] boonhet@sopuli.xyz 5 points 3 days ago

embracing some limited capitalism

They were embracing some limited capitalism last century. They're fully capitalist now, minting more brand new billionaires every year than any other country. Per capita the US still has more, but not for long. China's working with some pretty bad inequality.

[–] skidicarus@sh.itjust.works 3 points 3 days ago (4 children)

Not only does it make sense from a global perspective, but it also makes sense economically. China would still be in the gutter if they didn’t have market engagement. The USSR, for example, failed dramatically at trying to have a strictly command-based economy.

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[–] Ingwerperium@thelemmy.club 26 points 4 days ago (6 children)

China does not claim to be a fully communist society yet. Official ideology describes the country as being in a long-term developmental phase of socialism; communism is portrayed as a future goal. However, if they continue as they have been treating people like mere numbers, keeping them in poverty under total control, while billionaires amass wealth they will never achieve that anyway. In a society that ideologically advocates for overcoming class distinctions and capitalist exploitation, enormous private fortunes exist. Entrepreneurs like Jack Ma have at times amassed wealth running into the billions. At the same time, the Party controls key sectors of the economy and can exert massive pressure on companies. That transitional phase has gone spectacularly wrong. That is not how communism is defined. Private property is accepted only as long as it remains compatible with the Party's political interests. This is very convenient for the government: it can harness the productivity and innovation of capitalism without adopting the political power structures of a liberal political system.

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[–] Puddinghelmet@lemmy.world 5 points 3 days ago* (last edited 3 days ago) (2 children)

Imo there should be a law that limits the sum of assets everyone is allowed to have, say 1M-10M

[–] nitroemdash@lemmy.wtf 3 points 3 days ago* (last edited 3 days ago) (1 children)

So you cannot inherit a 1.1M house or artwork? No one would be able to own property in New-York?

Also one needs to account for inflation. In 100 years 1000'000 would be equivalent of what is now 20'000.

[–] Puddinghelmet@lemmy.world 1 points 2 days ago* (last edited 2 days ago)

Inheritance should be taxed if you really want equal chances lol but ig you dont want equal chances, one person can inherit millions the other inherits nothing, yeah thats fair /s

[–] Hueristic_Autistic@lemmy.world 3 points 3 days ago* (last edited 3 days ago)

Again overvalued positions in society are an issue too. People fuckin hate when I say no one should be able to make over 500k$/annually and its like if you can do that you're automatically going to be seeking to consistently enhance either your own riches, someone else's riches or generational wealth w/estate properties paid off in full for 2 lifetimes in a trust that no one can touch and then because rich people involve themselves with politics, even at a local level (you'd be surprised how many people are, "generous donors," to their mayors for favors), they'd get away with being able to probably make it so the property never leaves the city.

You wanna stop the rich make it so they can't earn as much.

OH wait but that whole cost of living and capitalism thing...... Money is just a flawed concept and another thing people hate on me for saying is that humans need incentives to get things done. Whether it's an award with praise or a cash bonus; by now humans need something in return, we're not a naturally do something for nothing in return species.

[–] Itdidnttrickledown@lemmy.world 26 points 4 days ago (1 children)

Cos playing at communism at best. China is a totalitarian fascist state.

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[–] Strawberry@lemmy.blahaj.zone 10 points 4 days ago (6 children)

So much ignorance on display here in this thread. People talking out of their ass with no clue or care why and how China has implemented economic reforms and development policy. No clue what communists even are much less the details of how they manage the economy of a developing socialist state within a capitalist global economy. Just thought-terminating clichés about billionaires and so-called "state capitalism".

Fun fact: you can actually read the justifications for why socialist countries managed by proletariat governments have implemented limited market systems in their economies in China, Vietnam, Cuba, USSR, even Korea. Their thoughts are public!

[–] MisterFrog@lemmy.world 1 points 2 days ago

I somewhat echo you feelings on ignorance and "China bad!", but definitely do not agree with the characterisation of China as a "proletariat government".

The workers do not have meaningful democratic control over society in China, and to claim they do requires some next-level mental gymnastics.

If one believes in control of society by the workers, as socialists ought to by definition (at least, by my understanding), one really ought not tout China as a government to emulate...

[–] UnderpantsWeevil@lemmy.world 9 points 4 days ago

I might go one further and suggest this is why the "Just tax the billionaires" line never actually delivers the goods. It's a classic Belling-The-Cat problem, because its very easy to say "Tax the Billionaires" but its very difficult to move forward with a policy that does the actual thing, without billionaires pooling their resources to prevent you from accessing any of the levers of power.

You need a certain collectivist worldview to even attempt the problem of regulating and sanctioning a bourgeois class. And when you're brainwashed by some combination of out-of-context Adam Smith quotes and reskinned Milton Friedman / Ayn Rand videos, good fucking luck.

Fun fact: you can actually read the justifications for why socialist countries managed by proletariat governments have implemented limited market systems in their economies in China, Vietnam, Cuba, USSR, even Korea. Their thoughts are public!

If you know where to look and you trust the source material and you've got the patience to work through the finer details, sure.

But that's the sort of learning you typically need to tackle in grade school if you want it to stick. Open minds and lots of free time are necessary to get this kind of rigorous political education. By the time you've had your head crammed full of cable news fearmongering and employer-sponsored propaganda, you'll be allergic to the very idea of taking a book like Fanshen or The Bolivian Diary at face value.

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[–] abbiistabbii@piefed.blahaj.zone 22 points 5 days ago (6 children)

Because "Communist States" are just State Capitalism with red branding, next question.

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