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At what real economic cost? GDP, we’ve discovered, is an accounting method that doesn’t account for climate change, for example. Maybe that doesn’t agree with
by doctorpangloss 8y ago
At what real economic cost? GDP, we’ve discovered, is an accounting method that doesn’t account for climate change, for example.
Maybe that doesn’t agree with your politics. How about all the people harmed by China’s wars? What about its own victims, like victims of the Great Leap Forward? The latter happened within its borders, but that reduces the denominator.
A one child policy reduces the denominator too. What would China’s population be today, its per capita GDP, if the denominator was larger?
Fine, don’t angst about faked numbers. But do you seriously believe that the GDP per capita isn’t massively hacked to the benefit of the CPC? And even then, is the average Chinese still being below the American poverty line something to celebrate?
Just because the number has grown doesn’t mean it would not have been higher in a free society.
- ep103 8y agoyou're arguing a different argument. China today is better than China yesterday is a fact. Their economy is growing, rapidly, and life is improving for the average Chinese person. This is also true. Your last statement, that China would have improved under a different (better) organizational system might also be true (its one I happen to agree with). But that does not, in any way, mean the previous paragraph of this response is any less true.