Maybe, but this very much remains to be seen. There's an equally plausible narrative that China is coasting on the momentum of its liberalization, and that Xi

Maybe, but this very much remains to be seen. There's an equally plausible narrative that China is coasting on the momentum of its liberalization, and that Xi Xinpeng's clampdown is slowly but surely strangling it. That combined with China's impending demographic cliff (self-inflicted via authoritarian one child policies) could lead China to start fading fairly soon. We'll see. In any case I don't think the Chinese model is that different from Western capitalism. At the street level it's fairly similar including hustle culture, long hours, and plenty of cultural commodification. Seems more like a variation on the theme than an alternative. The most obvious area where they "deliver" is competent public works, which is something we seem to have forgotten how to do.