Late Stage Capitalism: The Chinese Communist Party fines Alibaba $2.8 billion for behaving like a monopoly – Good Luck if You’re Hoarding Digital Yuan – April 10, 2021,
Although some experts would prefer to attribute the term ‘Late Capitalism’ or ‘Late Stage Capitalism’ to German economist Werner Sombart. Communism or the Communist Manifesto was simply an extreme form of Socialism, which was basically a bunch of Socialist radicals saying to themselves enough of all this capitalism and this free market it’s time for Revolution in which a chosen political few get to select who wins, how they should win and why those other people are bad for society.
Just because Karl Marx and Friedrich Engels didn’t use the words “Late Capitalism” or “Late Stage Capitalism” doesn’t mean that their political ideology wasn’t responsible for the assembling of the words. If you’re going to eventually have a totalitarian rule, which is what communism ultimately is, you have to set the precedence first.
Well, we all heard about the disappearance of Jack Ma, then Jack Ma returned and appeared to be a kinder, gentler more agreeable Jack Ma. Now we learn that the Chinese Communist Party is fining Jack Ma $2.8 billion for…. wait for it… “behaving like a monopoly”? Huh? What? What is the Chinese Communist Party exactly?
The last time I checked the Chinese People can’t vote out their communist rulers. The last time I checked Democratic Taiwan is a rogue State according to the CPP and the Last time I checked Hong Kong was annexed by the Chinese Communist Party? Is that not behaving like a monopoly?
Oh, oh I get it because they have the title of “Government” it’s different because they’re a special people, who are taking care of the Chinese people, oh, oh, ok, I get it, my bad!
We all know that’s communist speech for “Late-Stage Capitalism”. The Communist Chinese Government had been stealing intellectual property for years, so this should come as no surprise to anyone. However I keep reading and listening to idiots saying the Digital Yuan is the future, my response is… Sure it is and Chinese people don’t hoard foreign currencies!
I’m sure most people will fall for the Digital Yuan trap, but if the Chinese Communist Party is willing to do what it’s done to Jack Ma, basically punishing him for being a successful business genius, who by the way is responsible for employing hundreds of millions of Chinese people imagine what the Communist will do to you?
Late Stage Capitalism is not a complicated term, it’s another way of saying REVOLUTION, but a political revolution for a bigger government always has and always will lead to poverty. I’ve been saying for years, the Chinese Communist Party is more wasteful than even the United States Government could ever be, yes including Joe Bidens ‘Green new deal’ Government.
As dumb as Joe Biden is, he is currently restrained, if Joe Biden as an example were afforded the power of Nicolás Maduro, well the results of the American economy would resemble that of Venezuela. What’s holding the Chinese Communist Party together is in many ways people like Jack Ma!
Well, now that being successful is punishable by law, what is the likelihood that anyone in China is going to repeat what Jack Ma has done? Late Stage Capitalism is indeed a derivative of the Communist Manifesto. Fined 2.8 Billion let me write that out for you 2,800,000,000(2 thousand million) No government on planet earth is more wasteful than the Chinese Communist Party, their belt and road initiative sounds strategic but it actually makes them vulnerable.
Karl Marx was 29 years old and Friedrich Engels was a mere 27 years old when they published the Communist Manifesto, neither had experienced extreme poverty growing up Friedrich Engels was the son of a very wealthy businessman. Neither Friedrich Engels nor Karl Marx similar to the Chinese Communist Party had ever run a successful business, their entire being was based on using other people’s labor and attaching their communist names and brand to it!
Communism whether you like it or not is Pimping! I, your Commie government will use my pimp hand/iron fist to get you this money! future customers? don’t worry about future customers baby, you’re young, strong, sexy, and can work these streets for me right now, go get daddy his money, and daddy will give you all the security you need!
The Chinese people have proven in both the Hong Kong and Taiwan experiments that they can create great countries without a totalitarian regime. So as the Chinese Communist Party destroys China, remember the political ideology that they subscribed to! Good luck with those Chinese Digital Yuans!
China fines Alibaba $2.8 billion for behaving like a monopoly | cnn.com
Interesting times ahead!