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Special economic zones like Shenzhen (Silicon Valleys) vs rural dirt farmers. It's a command and control capitalist system, a weird inversion of the free market
by hnzix 8y ago
Special economic zones like Shenzhen (Silicon Valleys) vs rural dirt farmers. It's a command and control capitalist system, a weird inversion of the free market economy.
A different lens to view this through is Deng Xiaoping used SEZ to subvert Mao's communist model and steer it back towards capitalism. "It doesn't matter whether a cat is black or white, as long as it catches mice." Deng endured severe personal suffering to deliver his vision. Unfortunately Xi is rewinding much of Deng's progress.