this post was submitted on 01 Feb 2024
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the_dunk_tank

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[–] PKMKII@hexbear.net 4 points 9 months ago

It’s a place of bizarre contradiction; economically they’re super neoliberal and socially restrictive. But they’ve also got steep taxes, the social housing and medicine you mentioned, and technically the state is considered the owner of all the private property; businesses are more or less leasing the capital from the state. So on paper it’s highly statist capitalism, but practically if one considers Yew’s family’s long control of the state, it’s almost like the city is a private fiefdom.