There may be other political parties but none of them have anywhere near the power of the CPC. They are all subordinate. For example, all election candidates must be approved by the CPC.

Also, the only direct elections in China are at the local level. At higher levels of government everything is chosen by local congresses. This results in a system where the people at the top are very removed from the votes of citizens.

Also, the national Congress largely exists to rubber-stamp whatever Xi Jinping wants. Any opposition would be swiftly stamped out.

China is effectively a dictatorship. It has one political party and Xi Jinping ended the two term limit so he could stay in power. What form of government would you say they have?

What makes it weird?

I don’t have a good business idea, not everyone has to. That’s not even what we’re talking about.

VC is clearly not “a joke”. All you have to do is Google “major companies that took VC funding” to see the impact of it. Of course this leaves out the thousands of others that failed, but long term the winners are going to have a very positive impact on driving innovation.

You may say “those companies would have succeeded anyway” and maybe so, but I doubt it would have happened nearly as fast, if at all.

This comment doesn’t even pass the smell test.

If every company that took VC money failed, VCs wouldn’t make any money.

The reality is MOST VC investments fail, but the few who make it are home runs. This is how they make money. The risk/reward of your company was just not a favorable investment for them. Whether it’s because you went to an Ivy League or not is irrelevant.

Without VCs, many of those homeruns would never be able to get off the ground and the US economy would be significantly less dynamic

Buying land for the purpose of building property is bad? I think any policy that discourages development of additional housing is probably not going to be great for house prices. Or if you’re handing out houses in a lottery system, it won’t be great for housing supply at least.

What if I build a house on a piece of land I own and want to rent it out?

The second construction is completed I’m all of a sudden a scumbag for privatizing someone else’s right to shelter? Even though it’s a house I built on my land? Doesn’t make much sense to me.