this post was submitted on 15 Mar 2025
1602 points (93.6% liked)
Memes
48891 readers
2852 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Socialism is a Mode of Production determined by having public property as primary. In China, large firms and key industries are firmly under public ownership and control, and they actually have a falling number of billionaires in the last couple years.