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My response was to your statement that China's prosperity is due to the vision and execution of their government. I dispute that. Every nation that has ever ind
by rendall 5y ago
My response was to your statement that China's prosperity is due to the vision and execution of their government. I dispute that. Every nation that has ever industrialized experienced similar leaps in prosperity, irrespective of their government. Britain, the US, Japan, Russia, Korea, etc all had different forms of government, but similar leaps in prosperity when their societies moved from agriculture to industry. China became prosperous despite their government, not because of it. The economic failure the Chinese endure now is directly due to the extractive policies of their government, however. This is clear.