Why China Does Capitalism Better than the U.S.

[Texas_Shooter]

"The point is, ladies and gentleman, that greed, for lack of a better word, is good."

[tonyz]

The Top 10
Index of Economic Freedom World Rankings

Rank Country

1 Hong Kong
2 Singapore
3 Australia
4 New Zealand
5 Switzerland
6 Canada
7 Ireland
8 Denmark
9 United States
10 Bahrain


http://www.heritage.org/index/


http://www.heritage.org/index/Ranking

[Texas_Shooter]

Originally Posted by ZonieDiver

Dude, do you wear a helmet when you ride that scooter?

I have never fallen on my head.

That is the truth, they do not have a problem paying off public officials in third world countries.

[Sigaba]

Originally Posted by akv

Communism is just the most recent flavor of a centuries old tradition of totalitarian rule.

I think you are conflating authoritarianism and totalitarianism. IMO, the latter is only possible under a modern state <<LINK>>.

[akv]

Originally Posted by Sigaba

I think you are conflating authoritarianism and totalitarianism. IMO, the latter is only possible under a modern state <<LINK>>.

I would defer to your expertise in matters of history. The tradition in China as you know is one of subservience and absolute power to Emperor, Khan, Chairman you name it, which IMO is part of their problem, money and absolute power make few people better, this lack of representation, plus when you toss in the perpetual resources/population mismatch the country historically isn't rigged for stability.