3 ms·
>It's not just most-improved, it's actually the best economic system in large countries (thus more easily corrupt) that were not benefactors of classical imperi
by logicchains 6y ago
>It's not just most-improved, it's actually the best economic system in large countries (thus more easily corrupt) that were not benefactors of classical imperialism if all you care about is development. This is simply an incontrovertible fact - India, Nigeria, Congo, etc... were in similar initial conditions and fared much worse economically.
Compared to countries with a similar culture/demographics: Hong Kong, Korea, Singaporem Japan and Taiwan, mainland China's growth has been way slower.
>It's also set on escaping the middle income trap in 2-5 years as GDP per capita goes above 12500$, which is something that most liberal capitalist economies cannot achieve.
This is still only around a fourth of the GDP per capita in the other East Asian countries.
- howlgarnish 6y agoMainland China's growth has been much slower because the madness of Mao's misrule set the country back by several decades. If you compare the country's growth since Deng Xiaoping took over and started reforming in the early 1980s, it compares much more favorably.
- sudosysgen 6y agoJapan was a benefactor of Imperialism - its like comparing Algeria and France. Singapore, Hong Kong, and Taiwan are city states and completely incomparable, and South Korea also heavily used state capitalism and incredibly non-liberal policies until it got richer than where China is at right now. It's also a much smaller country. As for the rest, you're completely missing the point. Liberal capitalism's single greatest issue for the developing world is the middle income trap.
- selimthegrim 6y agoSurely you mean beneficiary
- pishpash 6y ago"Issue" as in emergence, progeny, offspring.
- selimthegrim 6y agoJapan was a beneficiary of imperialism...