• TheAnonymouseJoker@lemmy.ml
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    11 months ago

    China does not have oligarch problems like USA/West or South Korea do. And they crackdown on their billionaires and hang the corrupt ones quite often. They have not even spared their own private tutor, real estate, video game and tech industries.

    • boredtortoise@lemm.ee
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      11 months ago

      I don’t know if oligarchy has different definitions somewhere. I meant this:

      oligarchy /ˈɒlɪɡɑːki/, noun

      a small group of people having control of a country or organization.

      • TheAnonymouseJoker@lemmy.ml
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        11 months ago

        CPC has about 90M members, and including their youth and worker wings, over 300M members. Not sure how 1/6th of a country “controlling” the country is a small group, but go on.