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Originally Posted by Captain Nemo
Well I would say no, because as the article points out, many party intellectuals fear that their country is already drifting inexorably towards capitalism. For China to be as successful as it has and for this to grow, it has had to embrace capitalism. As for the poor remaining poor and the rich getting richer (Avon Lady) isn't that what capatilism is really all about? In the UK for example, go back a hundred years or so and you could say a similar situation happened here. It was only with the help of the Trade Unions and subsequently the Labour Party back in the early 20th Century that living standards for the working class got much better over time.
Nemo
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I agree. And today we can see the gap between the poor and the rich widening fast again, both on western national and international levels. More and more wealth on the globe is massed in few and fewer hands, and with that, power.
Another view on it:
http://news.bbc.co.uk/2/hi/business/6211250.stm
The bad habit of holding shares does not help in this. Morally, something is seriously flawed in that system. Demanding to get payed by workers doing the real tough work becasue I once lend their employer some money? Sounds like a parasite's behavior to me. It certainly helps to blow up the bubble.
And yes, I always rejected to buy shares.
If an apple costs one dollar, and you have three dollars, how many apples can you buy then? Maths, first class. That is what solid economizing is about.