Tuesday, 10 November 2020

"Socialism will be the death of America, and capitalism will take the Chinese tiger to heights never before achieved. Oh the irony." #QotD

 

 "Socialism will be the death of America, and capitalism will take the Chinese tiger to heights never before achieved. Oh the irony."

Discuss.

[Hat tip Ralph Al-J Lee Alvarez]

3 comments:

  1. Substitute any country's name/s in that paragraph and it will be true. However, taking the statement as it's intended: The US looks to be on that trajectory; but China looks more like it'll continue with state corporatism rather than a free - Capitalist - society for a long time yet.

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    Replies
    1. I beg to differ. having been doing business in China since 2007. The Chinese need free market/Capitalism to drag even more of their population out of poverty. If they go back to the ""old"" model there will be severe civil unrest.

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    2. Well yes they need it, but there, like Vietnam for example, the people seem to be amenable to a deal with the devil. While it may not go back to the 'old' model, there's a transactional relationship with the state. Having lived there myself anecdotally the average punter told me this when asked. I hope for the best, but I have a nagging doubt this will change anytime soon.

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