PRC's Princelings show how to redistribute a nation's wealth

Assuming that the beloved Chairman Mao and his lieutenants truly believed in socialism (personally, I don't: I view him and his henchmen as thugs, dirty highway bandits or organized criminals no better than Stalin and his nest of vipers), they've certainly been betrayed by their kids. The heirs of the looter class in the People's Republic of China, Mao's offspring and those of his cohorts, have proven themselves as filthy rich, conniving and aggrandizing their wealth at the expense of their comrades. This Bloomberg article  details the actions of the generation of hyper-rich oligarchs' children, descended from Mao's generals -and how the wealth in China is even more concentrated than Russia, Brazil or the USA; how the Chinese looter-class use complex screens that take advantage of different ways of representing their names in English, Cantonese and Mandarin to obscure the ownership of former state assets, flogged at pennies on the dollar in sweetheart deals for the hyper-privileged. Clearly, inequitable redistribution of wealth (the supposed aim of a Marxist revolution was to mend this) is not limited to the corrupt ways of Western capitalism.

Top leaders of the Communist Party of China, from left: Zhou Enlai, Chen Yun, Liu Shaoqi, Mao Zedong, Deng Xiaoping, and Peng Zhen, chat during a meeting of the Central Committee of the CPC in Beijing in 1962

Top leaders of the Communist Party of China, from left: Zhou Enlai, Chen Yun, Liu Shaoqi, Mao Zedong, Deng Xiaoping, and Peng Zhen, chat during a meeting of the Central Committee of the CPC in Beijing in 1962