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December 28, 2013 07:50 pm PST

This Day in Blogging History: Children of Mao's cronies are billionaires; Throbbing Gristle's Gristleizer; Powering virtuouscircles

One year ago today China's Princelings: descendants of Mao's generals who control the country's wealth: Wealth in China is even more concentrated than Russia, Brazil or the USA, and 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.







Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/CLalDecqyCY/story01.htm

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