Beijing battles demographic crisis and pressure on pension system by keeping population in workforce for longer

  • CriticalResist8@lemmygrad.ml
    0·
    2 months ago

    Explain the mechanism by which the pension funds get funneled to the Chinese bourgeoisie in the PRC. Capitalists never touch public money in China, hence they are not financed by the PRC.

    • GarbageShoot [he/him]@hexbear.netEnglish
      0·
      2 months ago

      Ah, I see what you’re saying now I think, so it would still be benefiting the capitalists (expanding the labor pool does that) but, in terms of direct finances, it doesn’t really intersect with them.