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The thing that works about the Chinese hybrid is that it's a step more capitalist than what they had before. They could repeat that step and have more, and broa
by Prrometheus 20y ago
The thing that works about the Chinese hybrid is that it's a step more capitalist than what they had before. They could repeat that step and have more, and broader, success still.
- rms 20y agoThe Chinese government (and people) look towards Russia's economic collapse as what happens when you move towards democracy too quickly. They are getting there but it is a slow process. China could not stay united without an authoritarian government. The Communist party will always rule China but maybe in 30 or 40 years the president will resign and announce his successor will be elected.
- Prrometheus 20y agoWhat does democracy have to do with capitalism? China (and hell, Dubai) is proof that there is no necessary link.