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This is missing the historical context completely. One cannot expect China to be 4x productive ehole its socio-economic development level is like 50s-60s of USA
by bgnn 2y ago
This is missing the historical context completely. One cannot expect China to be 4x productive ehole its socio-economic development level is like 50s-60s of USA. Their population is still mostly peasants. This applies even more to India.
- mike_hearn 2y agoNo it isn't, that's the whole point of my post. If you ignore socio-economic history then you'd expect China to be 4x the productivity, but it isn't because of the history and structure of its society. Which hasn't changed that much, if anything it's regressing back to how it was before Deng Xiaoping. Hence why the tone here is too downbeat.