JACK MA, CHINA’S RICHEST MAN IS A COMMUNIST

Posted: November 28, 2018 in China, China’s Communist Party, Jack Ma, The New York Times
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Jack Ma is a member of the Communist Party.

Mr. Ma, China’s richest man and the founder of the country’s biggest e-commerce company, Alibaba, was listed as a member of the Chinese Communist Party in its official newspaper. It might seem odd that a billionaire entrepreneur who made his wealth in the private sector belongs to an organization that propagates the ideals of Karl Marx. But Mr. Ma’s membership didn’t surprise many in China — and it “reveals a party that is eager to prove its legitimacy by affiliating itself with capitalist success stories,” writes NYT Asia tech columnist, Li Yuan

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HONG KONG — Jack Ma, China’s richest man and the guiding force behind its biggest e-commerce company, belongs to an elite club of power brokers, 89 million strong: the Chinese Communist Party.

The party’s official People’s Daily newspaper included Mr. Ma, executive chairman of the Alibaba Group and the country’s most prominent capitalist, in a list it published on Monday of 100 Chinese people who had made extraordinary contributions to the country’s development over the last 40 years. The entry for Mr. Ma identified him as a party member.

It may sound contradictory that the wealthy Mr. Ma belongs to an organization that got its start calling for the empowerment of the proletariat. But Mr. Ma’s political

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Comments
  1. zainal says:

    Once a communist always a communist. Can’t say same thing about capitalists. Many have turned socialists and philanthropists.

    Like

  2. Murthy says:

    Equality is utopian as an idea and a mirage in practice..All these isms are a strategy to outsmart the other and lay seize for more or the most!…Unless man becomes honest the world will only decay and all activities for and against are economics and for profits!

    Like

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