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It did, it just took a hundred years to kick off, by all reasonable comparisons, China is in the middle of its part of the industrial revolution and there are s
by bane 10y ago
It did, it just took a hundred years to kick off, by all reasonable comparisons, China is in the middle of its part of the industrial revolution and there are signs that its about to slide out of it into the next phase of development.
If you consider that the "real" Industrial Revolution took about 60-80 years to run through in the West, and the West was starting pretty much from scratch, and if we pick a date of some sort, say 1976 (end of the Cultural Revolution), China has been at it for about 40 years. In 20 years (about the same length of time as the West's) it looks like huge parts of China will have been elevated to standards of living that probably exceeded those in the West when we came out of our own Industrial Revolution and will be entering into the next major developmental stage.
If anything a better and more interesting argument is how China was able to reproduce the Industrial Revolution in modern times as a model for economic growth.
- woodandsteel 10y agoChina could industrialize much faster because all the needed science and industrial inventions had already been developed by the West. The real question for China is whether its present form of government can sustain development over the long term.
- bane 10y agoYeah, China's situation is a bit different: - There's already a well developed, wealthy, stable of markets that will buy the output of production along with the domestic development. - The technology to kick off the development has largely already been developed, China just had to import it and get people to run the equipment and work on the assembly lines. What's just as interesting is the ways in which it's the same: - Powered by Coal - just like Britain, America and Wallonia - Rapid urbanization triggered by the rise of manufacturing jobs