RE: china's economic impact

From: Mike Lorrey (mlorrey@yahoo.com)
Date: Sun Jan 26 2003 - 20:46:51 MST


--- Ramez Naam <mez@apexnano.com> wrote:
> From: Mike Lorrey [mailto:mlorrey@yahoo.com]
> > Actually, zero sum economics could be either mercantilism or
> > socialism. China's socialists, being ardent zero-sum
> > economists, sincerely believe that it takes our loss for
> > their gain to exist and that any gain of ours is their loss.
> > This is why they take it as a given they will have a major
> > conflict with us within a few decades.
>
> I see no evidence for this proposition. Having traveled in China I
> found it to have a remarkably strong vein of capitalist thought.
> It's
> acknowledged there that worker productivity (economic activity per
> capita) in privately owned firms is many times higher than in state
> owned enterprises. A major focus of the current government is
> spinning off the state owned enterprises into private entities.

Yes, however, there is still a socialistic undercurrent that a
millionaire entrepreneur gains his wealth by cheating his workers, his
customers, or both. This is the rationale that supports high-tax
regiemes of all stripes, that the successful must 'pay back' the rest
of society for its 'investment' in the successful individual.

As for the military policy, this is not a secret, there are numerous
references you can find by a short google search that expose this
attitude within the Peoples Army.

>
> China may have been socialist once, but it's rapidly moving away from
> that. It does remain totalitarian though.

While it is good to see that the Communist Party is looking toward
admitting businessmen to it's ranks, until it drops the moniker, it is
still a quacking duck.

=====
Mike Lorrey
"Live Free or Die, Death is not the Worst of Evils."
                                                     - Gen. John Stark
"Pacifists are Objectively Pro-Fascist." - George Orwell
"Treason doth never Prosper. What is the Reason?
For if it Prosper, none Dare call it Treason..." - Ovid

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