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Tuesday, May 17, 2011

chinese capitalist vampires

"The huge income gap between the rich and poor has caused social unrest and some psychological problems," said Zhang Ming, a political science professor from Renmin University.

The annual "Hurun Wealth Report" released in Shanghai last month, showed 960,000 people (one in 1,400) in China are worth more than 10 million yuan ($1.49 million).

A survey by Renmin University of China showed only 5.3 percent of the thousands of respondents believed the rich obtained their wealth legally.

"Developers never think about ordinary people. They know there is high demand. They're just like vampires wringing every drop of blood from our bodies," said Zhang Dongxiao, a 27-year-old accountant from Shanghai. ( shades of Karl Marx who once wrote "Capital is... vampire-like, lives only by sucking living labour, and lives the more, the more labour it sucks".)

A 24-year-old man from Jiangsu Province, was sentenced to 20 months earlier this year after he smashed the window of two Mercedes-Benz in a Nanjing parking lot. He told the court that he had just been fired from a local restaurant where he earned only 1,000 yuan a month. "Why can some people drive such good cars and I have to wander on the streets?" he asked the court. "I temporarily lost my balance," he confessed.

SOYMB judges his anger at the class inequality to be perfectly rational

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