2 ms·
> My gut feeling is that there will be a day in the future where everything in China is going to boil-over just like any other totalitarian regimes in the past.
by rdtsc 8y ago
> My gut feeling is that there will be a day in the future where everything in China is going to boil-over just like any other totalitarian regimes in the past.
I think the 1989 incident was such an event. It almost boiled over. But what happened is that regime learned from its mistakes and it learned to control its temperature better i.e. introduced market economy.
They've sort of made this pact with the people "you don't ask us about what happened in 1989, but in exchange you get to participate in world's capitalist economy".
Another sad realization could be that capitalism and democracy don't really have to coexist. It seemed for a while that democracy would follow after enough prosperity and market economy took over. But it hasn't happened in China. And we might be surprised that capitalism might even work better under a totalitarian regime.