China&#039;s wheels falling off

Originally posted by moorookamick ↑

I guess we mix up economic systems with political systems
and both Marxists & Capitalists believe that over time
economics trumps politics.

We live in a world where our ideas are principally formulated
from the bottom up (big data) rather than from the top down
(ideology).

The big contest at present is the American way vs the Chinese way
and, IMO, that has still a way to go. If one considers poverty, then
I guess china has the timber on the USA in that China is gradually
taking the bottom quartile of its people out of poverty while the
US bottom quartile is lapsing more into poverty. That is evidenced
by the growth in homelessness and 44 million Yanks on food stamps.

The Middle Class is growing a flyshit in China while the Middle Class
while the US middle class seems to have plataued .

The upper Classes in both countries are growing wealth at a rate of knots as evidenced by
the growth of Billionaires .

Ideologically for China the wealth gap is by far a bigger issue than it is for the
Yanks who still harbour that mythical "American Dream". That's why, IMO , one dare not
criticise the US Billionaire Class because US RW Populists with the asses out of their pants
seem to say (That is if they ever heard of WB Yeats "Thread softly or you will thread on my dreams"

But of course to criticise the Chinese CCP means a stretch in jail!

The Chinese Government simply deprived the poor of their liberty
as it took up to 800 Million out of abject poverty and of course
one has to seriously ask does US liberty trump US homelessness.
Is one happier to be 'free" and living in poverty or 'unfree" and
having a normal working class existence? (at least not homeless
or on Government food handouts)

I guess if one wakes up in the morning and doesn't know where
the next meal is coming from, that politics and/or ideology is
not such a big issue..eh?

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Hi Mick
I guess if one wakes up in the morning and doesn't know where
the next meal is coming from

Unfortunately this is where the majority of people in the world are
Also if you are big on history ** it has all happened before, there is nothing new

I believe that one of the main problems is the practice of applying temporary solutions to almost everything, rather than the root cause which would fix the problem for ever

I am a big fan of Yin and Yang.
Their interaction is thought to maintain the harmony of the universe and to influence everything within it.

If only life could be so simple