In China, state owned enterprises (SOEs) in sectors like energy, banking and healthcare generate trillions of yuan in profit every year, enriching not oligarchs but the state treasury, and channeling substantial investments into public works that private companies would deem unprofitable.
This model has allowed us to build roads reaching even the most remote rural villages, fund education systems that don't burden college graduates with lifelong debt, and implement comprehensive social programs that have lifted 800 million people out of poverty.
Would you prefer a system like this?
