6 ms·

Not sure why you are downvoted. China is exactly a kind of cronyist, state capitalist system.

• luckylion 7y ago
  My guess is that few people see examples of larger capitalist countries that are not cronyist, state capitalist. The US, UK, France, Germany etc certainly aren't examples.
  • godelski 7y ago
    This is why people often talk past one another when they say "capitalism". Because it just one thing to one person and cronyism to another. Where both capitalism and socialism, big surprise, are very broad terms.
    • luckylion 7y ago
      That's true, and tribalism plays into it as well: virtually everything is fine where I'm from, it's just those people that pervert the system and have their princelings or revolving doors between government and big business. Staying clear of the boundaries of one's bubble make it easy, too.
  • stretchwithme 7y ago
    It's easier to leave a small country. The distance from any city in it to another country is lower. You can hop in a boat in Singapore or Hong Kong, but that is much harder to in East Turkestan. Then there is the likelihood of colonization or invasion in general and the ability of ideas to spread. Competition between governments is more intense. It may be Europe got its technological advantage and property rights evolved more quickly there because of more competition between countries. But in the center of a large continent, change is slower.
• stretchwithme 7y ago
  Social media gives a few people out of 7 billion the power to downvote you. And ycombinator gives them anonymity.