I knew that he was Ma's underling. The press tends to play down Ma's membership in the CCP.
I think many people were hoping that, as China's business sector grew, that the influence of the CCP would diminish.
But, of course, to participate in business one has to be part of the club.
The way that Sun executed the take over of STEEM convinced me that was a member of the party. But there was always a hope that he was part of a group transitioning away from the tenets of Communism.
Have you ever noticed that communists tend to make better capitalists that people in a free society.
Of course, that is not surprising. A free society is about free minds. Freedom is not about capital or economic wealth it is about the liberties of the people.
The modern concept of Capitalism comes from a bizarre book called "Das Kapital" written by a raving lunatic named Karl Marx. To really understand capitalism, one has to study Marx first.
I am much more fond of the interpretation of Capitalism found in the Austrian School of Business. It's a philosophical interpretation more so than a rigid static view, of what an economy can do for those aware of its inner workings.
The classical liberal view saw capital as part of the means of production. The Austrian School emerged from the classical liberal view.
In Das Kapital, Marx took the term "capital" and formed an ideology around it. Marx provides a totally distorted view of the way markets should work. For some odd reason people rejected the classical understanding of markets and adopted Marx's definition.
BTW: I like the Austrian school as well. It provides cleaning thinking about economic matters than the modern view which provides an unbalanced understanding of the markets.
If supply>demand you invest in liquidity in the market, the retail side.
If demand>supply you invest in production and manufacturing.
Lol now just to get Hive rich enough to venture fund one of these theories and get some tangible datasets to pick a business plan from.