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saubeidlyesterday at 7:12 PM1 replyview on HN

American venture capitalism ironically creates all of the same authoritarian issues as Chinese state capitalism, but without any of the lifting hundreds of millions of people out of poverty part.


Replies

ryandrakeyesterday at 8:02 PM

Indeed, American capitalism is designed to lift the already-rich out of mere "rich" into "obscenely rich."