We’ve been fed a lot of information over the years that isn’t strictly accurate. While their government is demonstrably overbearing, they have prioritized a substantial technical renaissance. I’m sure there is still some pretty crazy stuff going on since you can get a full meal in a noodle shop for the equivalent of a couple bucks, but they’re really advancing quickly in many sectors.
I wouldn’t go that far… They are really all over the place
But at least they don’t allow companies to get powerful enough to control the government. If there’s one lesson to learn, it’s how important it is to keep capital in line
That is one good thing about state capitalism. Although, it does nothing to prevent party corruption, which has definitely been getting worse for them.
Why not? China is developing while the US is sitting around with their thumb up their ass.
We’ve been fed a lot of information over the years that isn’t strictly accurate. While their government is demonstrably overbearing, they have prioritized a substantial technical renaissance. I’m sure there is still some pretty crazy stuff going on since you can get a full meal in a noodle shop for the equivalent of a couple bucks, but they’re really advancing quickly in many sectors.
There are tons of valid criticisms of China but they seem to have their shit firmly together in many areas.
I wouldn’t go that far… They are really all over the place
But at least they don’t allow companies to get powerful enough to control the government. If there’s one lesson to learn, it’s how important it is to keep capital in line
That is one good thing about state capitalism. Although, it does nothing to prevent party corruption, which has definitely been getting worse for them.
They’re developing while we are unveloping.