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redeggplant01 t1_j6ig0zh wrote

Reply to comment by Heinrick_Veston in Chinese Search Giant Baidu to Launch ChatGPT-Style Bot by Buck-Nasty

Your opinion is debunked by decades of Communist rule in China and the existence of the Chinese Communist Party - facts

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Heinrick_Veston t1_j6ign0c wrote

Which part of what I said is an opinion?

Here's the Shanghai Stock Exchange: http://english.sse.com.cn, is it just my opinion that it exists?

Do you understand what Communism is?

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redeggplant01 t1_j6ihd3l wrote

The Shanghai Stock Exchange (SSE) is the largest stock exchange in mainland China. It is a nonprofit organization run by the China Securities Regulatory Commission [ communist government ] - http://www.csrc.gov.cn/csrc_en/c102023/common_zcnr.shtml

Government owned and government run - communism

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Heinrick_Veston t1_j6iiut8 wrote

It doesn't matter who owns it, the fact that it exists and that people can privately purchase and own stock of private companies is completely at odds with the concept of communism.

Under communism there is no ownership of land, factories, companies etc, they all belong to the state. There's no share of ownership to be bought and sold, and therefore, there can be no stock market.

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redeggplant01 t1_j6ij6dj wrote

> It doesn't matter who owns it,

Yes it does as that is what defines communism ... since the equity market is owned, managed by the state then its communism

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Heinrick_Veston t1_j6ikkhr wrote

In a communist country there would be no equity market to begin with.

This is perhaps the third time I've said this, but under communism there is no private ownership.

In China there are many examples of private ownership. Shares of a company is one.

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