this post was submitted on 29 Sep 2024
870 points (94.2% liked)

Memes

46480 readers
739 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] GarbageShootAlt2@lemmy.ml 6 points 4 months ago

and they are tied to “state owned companies”

"State Owned Enterprises" is the term. Anyway, is this actually true? My impression was that the billionaires had private companies (Alibaba, etc.) and SOEs did not produce them.