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Do you think it is wise to praise the Chinese successful 'state capitalism' in t

  1. Beata Stasak profile image83
    Beata Stasakposted 8 years ago

    Do you think it is wise to praise the Chinese successful 'state capitalism' in times of the global r

    Do you think teh China's semi-command economics are wary to go in times of the global recession in spite of all side effects?
    Behind U.S. global expansion was an idea of a world based on free enterprise, mutual prosperity and open societies.
    Behing China's global expansion is an idea of economical succession.

  2. commisioner profile image56
    commisionerposted 8 years ago

    the Chinese finally figured out what works. it may be state authorized but they finally realized capitalism works. it has worked every time it has been tried. it was what put us on the top in the world. now we look at the really rich and demonize them. the rich create jobs, and when you limit their income you take away their incentive. that's one way to make the rich poorer and the poor poorer. once that happens then more people will have to rely on the government to supply their needs. hmm, sounds like socialism to me. we need to take their example and re-institute that form of economy back to ours. we are no longer the richest nation in the world, and if we aren't careful, china will just call in the loans and firclose on our country. can you speak  manderine???

  3. Hungry-n-Foolish profile image61
    Hungry-n-Foolishposted 7 years ago

    Well, very slippery question!

  4. Goodpal profile image92
    Goodpalposted 7 years ago

    There is a chance that economic prosperity will ultimately motivate people to demand for other forms of freedom. So, in future the chances are bright that there will be struggle between the government and its people. You might like to read my recent hub:

    http://hubpages.com/hub/The-Dark-Side-o … y-of-China