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I think that democracy as a governance model is also meant as a liberal economic model with free market ideals. Even the authoritarian Chinese have elements of
by CrackerNews 4y ago
I think that democracy as a governance model is also meant as a liberal economic model with free market ideals. Even the authoritarian Chinese have elements of a democratic governance model with voting, however the one party rule maintains firm control over the state and economy, superceding and overriding the autonomy of the liberal economy (of a dual economic model) when it comes to national economic goals set by the party. The market is only as free as the party allows, which is true in general but it's more the case in China.
With Arabs struggling to buy food, they may be wanting to replicate the economic success and rapid growth of the Chinese model as the end of the article says may happen in the uncertain future.
I think this also paints a potential future for other countries as economies become ravished by recession and inflation and war, with people wanting a strong authoritarian alternative against the usual democratic politics.
- baybal2 4y ago
- AzzieElbab 4y agoWhen people praise China they often fail to realise that getting gdp/capita to that of China would actually result in dramatic economic decline in their own countries. People used to praise USSR economic growth and industrialisation while completely ignoring the fact that the whole thing was only possible because of western tech and financed via the holodomor.
- CrackerNews 4y agoIt's more rather that the USSR and China copied Western tech to catch up because of how backwards their development used to be. They started from feudal conditions and had to catch up to capitalism and promise to surpass it into the Marxist next phase of socialism and communism. The two states therefore had a strong focus on industrial development. However, I think that the decline of the USSR was in how they failed to capture the advantages of international trade (like Cuba or North Korea remaining in economic statis). The Chinese in the Deng faction instead chose to partake in international trade even if it meant that they had to become the sweatshop of the world. After that industrialization, they now under Xi can be pompous and choose to push their weight around given the power of their trade and autarky. Holodomor (and the Chinese famine too) are of course tragedies to be wary of. I think one reason they occured was due to the planners being unaware of the economic incentives and effects on individual actors of their rapid industrialization plans. This resulted in the USSR then launching a war on kulaks and the Chinese launching a war on Westernized intellectuals to make them comply with their plan.
- AzzieElbab 4y agoHolodomor was literally caused by mass confiscation of grain for export. Proceeds were used to finance industrial projects frequently run by western enterprises. Collectivism came later. This is actually a pattern throughout communism countries. That’s why ppl in Cuba and Venezuela are suffering from malnutrition while food literally grows on trees