Thanks ShadowMinister- "diet of amnesia and denial"

Answer- Great phrasing ShadowMinister. Kudos.

I think that it was Deng that brought in Chinese Communist Capitalism which has the particular feature of government repossession of private property upon questioning of the CCP

Well said Paul.
Kudos!

Paul,

You seem to be in a fantasy with respect to China. Recently you told me that there was no unemployment in China, now there is compulsory work insurance? I have no idea where you are getting your information but it is very flawed.

The unemployment fund is not compulsory and most small businesses do not pay it, and even it is paid claiming is a lengthy and difficult process and payouts are insufficient to live off and certainly don't cover even food and rent. If you were an IT manager and you are now delivering food so you can eat, you are no longer eligible for unemployment.

Given that the average after-tax income in urban China is about RMB 47000 p.a. or US$625 p.m the middle class as we know it is typically CCP party members.

A more accurate comparison is with Taiwan and South Korea that have vastly outstripped China in growth and prosperity.

SM,

China has a number of work related compulsory insurance schemes, including those covering retirement, sickness, unemployment and injury. Of course you don't want to talk about the Capatalist worker hell that is India, where if a worker falls down a well he's left to rot with the carcasses of dead goats. BTW the average worker income in China is 5 times greater that that of India. As for Taiwan and South Korea, as American puppets they have seen trillions of Yankee dollars poured into their economies. End of story. Your claim that the millions of Chinese tourists traveling the world are simply rewarded members of the CCP is fanciful.

NB I'll repeat for you, at full employment there is always around 2% unemployed, transient workers, the unemployable etc, China is no different in that regard.

Thankyou Foxy,

And a double dose of kudos for you as well. May your cup of kudos runnith over. That's the problem with the world today, just not enough kudos to go around. The developed world has an oversupply of kudos, while the third world is crying out for more kudos.

BTW are you licenced on the Forum to give out kudos, I'll check with CM. I'm only licenced to give out Porky Awards, which I regularly give to Is Muse for telling the biggest porkies. BTW where is Issy, said something about off to South Africa to shoot more boars, maybe the Boers shot Issy. I'm sure there is some kudos some where in there to be had.

Hi Paul,

CM once described me as a "monarch" so I definitely am
licensed to grant kudos to the worthy. He's actually not.
But there you go.