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this post was submitted on 15 Sep 2024
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China
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Discuss anything related to China.
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Explain the mechanism by which the pension funds get funneled to the Chinese bourgeoisie in the PRC. Capitalists never touch public money in China, hence they are not financed by the PRC.
Ah, I see what you're saying now I think, so it would still be benefiting the capitalists (expanding the labor pool does that) but, in terms of direct finances, it doesn't really intersect with them.
Yeah, I was being very specific but I can see where the confusion came from. Thanks.