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> Despite full Maoist Communism in China, descendants of former landlords and rich peasants today earn 16% more than descendants of others.

> They couldn't inherit wealth from grandparents, parents were barred from university in Cultural Revolution, but they inherited something

https://twitter.com/whyvert/status/1301012672138285059


Just because one was barred from university or wealth doesn’t mean that the political entrenchment was eliminated. If I was a wealthy family that rubbed elbows with other wealthy families, such that all my family friends were from wealthy families, any success I gather would also have me nepotize my family friends into whatever companies I make and whatever government success I achieve.




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