Compitalists -- the horrible offspring of Communism and Capitalism

[Mairead]

BEIJING - When communism mates with capitalism, the unlikely couple breeds a monster - a compitalist - inheriting the worst of both gene pools: ruthless power and unchecked greed.

Here is an illustrating example: A commercial real-estate developer takes an interest in a block of the city. He figures that by building a shopping mall on that lot, there will be a lot of money to be made. So he goes to the municipal government's equivalent of a zoning committee. Upon payment of the rent to use the land, the developer obtains permission to have his bulldozers roll into the site. Under the constitution, all land belongs to the people's government that is in a legitimate position to sell the use of the land.

Notice anything incomplete or missing from the transaction? A careful reader will immediately point out: "It can't be as simple as that. What about the buildings and the residents on the lot?"

The developer has already taken that issue into account. In fact, he is so thorough that he already submitted a plan to the government on how to dispose of the existing buildings, and residents, as well. Now the developer plasters a big notice on the walls of those buildings, informing the owners and rent-payers that the land under their feet will be put to another use by government order. Yes, they will receive a compensation fixed by the government. But no, the rate is non-negotiable. And they must vacate by end of next month, or face eviction.

http://www.atimes.com/atimes/China/EK12Ad03.html


Sounds like what Smirk did in Texas, doesn't it: use government eminent domain to take people's land for private profit.