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The rule of law, private property protections, and fair courts count for a lot in the wealth game. China has lots of potential but the politics are too corrupt.

The rule of law, private property protections, and fair courts count for a lot in the wealth game. China has lots of potential but the politics are too corrupt. Chinese growth is being suppressed, if you can believe it, by corruption. I totally agree on the education-fifth attitude in the US though. I think attitudes are changing a bit as reality bites those who screwed off in school harder and harder every year. The public schools are still a shambles.

TeMPOraL 10y ago
> The rule of law, private property protections, and fair courts count for a lot in the wealth game. I think this is a more nuanced issue. For instance, for the most part, China seems like libertarian paradise, but try and fuck with food supply and you'll get sentenced to death. Which, honestly, I consider fair. In the West, we're too far on the other end of the spectrum - overregulation of honest businesses and not enough punishment for dishonest entrepreneurs. Regarding private property protections, we have this IMO absurd notion of intellectual property, which hinders innovation and progress on our side, sometimes in pretty ridiculous ways (Elsevier comes to mind). As for fair courts, I had (thankfully) zero experience with those in China so I don't know how bad it is there, but the justice system in Western countries isn't looking peachy either.
- microcolonel 10y ago
  A libertarian paradise where your money is used to build roads and buildings which nobody uses; and where it is illegal to broadcast depictions of homosexuality, recreational drug use, or the european occult. I also encourage you to look a bit deeper at the issue of the legal system. I think your tune will change the moment you're put to death for juggling carrots you don't own while drunk.
  - saiya-jin 10y ago
    compared to US, where your taxes are used to sponsor similar type of paranoid spying state and of course also sponsoring illegal wars half around the world without any good reason, killing hundreds of thousands of civilians directly, millions indirectly. yeah, big difference...

TeMPOraL 10y ago

> The rule of law, private property protections, and fair courts count for a lot in the wealth game. I think this is a more nuanced issue. For instance, for the most part, China seems like libertarian paradise, but try and fuck with food supply and you'll get sentenced to death. Which, honestly, I consider fair. In the West, we're too far on the other end of the spectrum - overregulation of honest businesses and not enough punishment for dishonest entrepreneurs. Regarding private property protections, we have this IMO absurd notion of intellectual property, which hinders innovation and progress on our side, sometimes in pretty ridiculous ways (Elsevier comes to mind). As for fair courts, I had (thankfully) zero experience with those in China so I don't know how bad it is there, but the justice system in Western countries isn't looking peachy either.

microcolonel 10y ago
A libertarian paradise where your money is used to build roads and buildings which nobody uses; and where it is illegal to broadcast depictions of homosexuality, recreational drug use, or the european occult. I also encourage you to look a bit deeper at the issue of the legal system. I think your tune will change the moment you're put to death for juggling carrots you don't own while drunk.
- saiya-jin 10y ago
  compared to US, where your taxes are used to sponsor similar type of paranoid spying state and of course also sponsoring illegal wars half around the world without any good reason, killing hundreds of thousands of civilians directly, millions indirectly. yeah, big difference...