• ☆ Yσɠƚԋσʂ ☆OP
    link
    fedilink
    arrow-up
    5
    arrow-down
    1
    ·
    1 year ago

    It’s a pretty good solution that worked many times in the past. Rich investors are going to lose some money on this, but that’s about it and frankly that’s not even a negative. Ultimately, the goal should be to remove all aspects of capitalism and move towards a true socialist economy that’s a mix of state and cooperative ownership. Doing these kinds of nationalization projects helps with the transition.

    • quality_fun
      link
      fedilink
      arrow-up
      1
      arrow-down
      1
      ·
      1 year ago

      i would agree, but 30% or so of the gdp is in real estate. china cannot just lose a third of its economy.