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China is the most successful capitalist country in history and they are authoritarian?
by curation 6y ago
China is the most successful capitalist country in history and they are authoritarian?
- cynusx 6y agoRussia also had massive growth numbers when they were catching up to the west, however at some point the authoritarianism starts to sabotage it. China has a huge population and is destined to have a huge economy, however they are still playing catch up with the west. GDP/capita US: 65k usd GDP/capita Russia: 11.2k usd GDP/capita China: 9.7k usd It remains to be seen to what extent China will be able to restrain it's party cadre from sabotaging growth in the next decade