Originally Posted by
smallwheeler
protip: no private or governmental agency in china will do anything substantive to curtail the production of fake products because that small group of party members and oligarchs are getting stinking rich.
In the US, a small group of elite businessmen in the banking industry were getting stinking rich, and spreading their wealth in the form of campaign contributions to politicians, by selling knowingly fake and fraudulent investments (derivatives, sub-prime mortgages, etc.) and no one did anything about it. Eventually, the house of cards collapsed and took down this country and many others. Even today, there are not sufficient protections in place and enforced to prevent a recurrence. Is this all that different from China selling a lot of fake products? At least you can use a falsely branded physical product like a bike or purse or watch or luggage. The moralities of these technically criminal acts are hard to differentiate. And don't get me started talking about Bitcoin.