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Politics : Formerly About Advanced Micro Devices

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To: longnshort who wrote (295190)7/16/2006 7:22:37 PM
From: combjelly  Read Replies (2) of 1573682
 
"gee, there's no rich in Cuba??, there was no rich in the former USSR, no rich in China?"

No. Not like we define rich. Those high in the party had/have access to things others didn't. They didn't own that stuff, the state did. They rented. They got to shop in stores that others couldn't. But even with the artificially low prices, their were closer to mid-middle class than anything like rich. Their children didn't inherit things except for personal items, nor did they keep them if they fell out of favor.

I got to know a guy who was pretty high up in the Ministry of Science and Technology in the old East Germany. Some type of regional director. With reunification, he bought the house his family was living in. It was a nice house. Two cars, one was a Trabi though. Not a lot of stuff in it. In fact, my wife's parents are a lot better off. And they were school teachers in West Germany. Just to set a sense of scale.

Things have changed in China since they went capitalist. You know they went capitalist, don't you?
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