I think you’re off here. The miracle of America (and the worldwide system of capitalism) is that there exists enough private investment, competition, and appeti

I think you’re off here. The miracle of America (and the worldwide system of capitalism) is that there exists enough private investment, competition, and appetite for risk to squeeze every iota of gain from this, without explicit government intervention. China’s growth currently appears magical simply because of scale and a shittier starting point, also a lack of whatever it is that ails India.