China’s bottled-water king has discovered an old argument against commerce—just as commerce is becoming less convenient for him
China now has more billionaires than the US. So why does he think there is still a problem?
He isn’t wrong. And you aren’t wrong to point out the colorable hypocrisy of his position. Synthesis: property law which allows owners to hoard money and pricing power needs to be reformed to eliminate both.
China now has more billionaires than the US. So why does he think there is still a problem?
He isn’t wrong. And you aren’t wrong to point out the colorable hypocrisy of his position. Synthesis: property law which allows owners to hoard money and pricing power needs to be reformed to eliminate both.