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China is banning ‘wealth-flaunting’ behavior on social media
(www.nbcnews.com)
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And that’s basically it!
If the government gave even a single shit about the poor, they would focus on banning wealth hoarding not wealth flaunting.
But they don't, so they aren't.
What they are doing is openly showing who they are and what they do care about (capitalists, on both counts), you not wanting to believe it is a different problem.
Hoarding would be sufficient.
Limiting peoples ability to express rarely results in desired outcome.