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China's well into the authoritarian phase, but I think they also have an even more unique issue driving their success. Just 60 years ago you also had tens of mi
by somenameforme 3y ago
China's well into the authoritarian phase, but I think they also have an even more unique issue driving their success. Just 60 years ago you also had tens of millions of Chinese literally starving to death in the Great Leap Forward. Since then they've become the largest (PPP) economy, and continue to grow rapidly with widespread visible quality of life improvements. That's going to drive a tremendous amount of good will. The problem is that while they still have plenty of room to grow, it's completely and absolutely unsustainable. And what happens once it does eventually end?