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The AI of Power
(lemmy.ml)
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this post was submitted on 02 Jun 2026
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The 800 figure is provided by a single reference, I've given more sources pointing to the real number being ~500 total. As for the rate of billionaires, I of course have referenced this being a per capita number, ie since the US has double the billionaires and a quarter of the people, it has an absurdly high number of billionaires, with a much higher average wealth among them and a much larger portion of wealth concentration. Your ableism and ageism is certainly a pivot from your earlier racism, but none of them form a point.
Further, nationalism is not socialism itself. Nationalism in the context of a socialist economy represents an advancement in socialization, but in the context of a capitalist economy entrenches the capitalist class. This is because of the difference between the class nature of the state among both societies.
You also have not answered my point: what class is the ruling class of China, and what do you believe socialism is?
Nice, dehumanization added to ableism, ageism, and racism. Is that a bingo?
Either way, I cannot find any sources corroborating the 800 billionaires number, the data points to there being ~500 total in China. America has more billionaires per capita, with each billionaire having far more wealth on average than Chinese billionaires, and by most studies has more billionaires in total as well despite having a quarter of the population. You haven't proven anything, even your own Wikipedia link disagreed with you.
Further, this entire conversation was about whether a capitalist state nationalizing is a move towards socialism or not, and I answered definitively that it is not, explaining why. The US Empire nationalizing a part of the AI industry merely puts that under the collective control of the capitalist class, rather than individual capitalists, due to the capitalist dictatorship. If you're following what I'm saying, then you can understand that the US does not have a working class state, nor is public ownership the principal aspect of its economy.
What are you trying to do? Delegitimize your own points and make people agree with me more?