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Long term I don't think western countries have much of a chance :(. Due to how political systems work in China vs the West China can easily invest in large scal
by qaq 7y ago
Long term I don't think western countries have much of a chance :(. Due to how political systems work in China vs the West China can easily invest in large scale long term projects and it costs them a tiny fraction to develop new or upgrade old infrastructure. Given a large enough time span this will give China a huge advantage.
- Mirioron 7y agoBut historically, authoritarian systems aren't very stable. China might very well collapse if they make some bad decisions. I think an authoritarian system is more likely to make bad decisions, because people that decide things are further from the ground, they have less information.
- qaq 7y agoGiven the rise of populism across the West ...