Re: China's wealthy bypass the banks
That is the revisionist version - that china was a free and capitalist society, therefore freedom is not enough to ensure modernity and industrialization - a proposition as ludicrous as similar accounts of more recently existent despotic states.
I can't tell if you're arguing me with or just yourself. You seem to equate disagreement with your assessment with a viewpoint that is completely opposite. To say that China was "despotic" would, on average, be accurate. But then again, one must remember that a form of despotism where the despots are months away is very different from modern forms of despotism. Today's China is in some ways similar to China during many dynasties. The emperor sleeps some insect with a big, fat stinger awakens him and then he gets mad, swats it, and then goes back to sleep. When the locals are fairly certain the emperor is sleeping soundly, they go about their business. Call it despotism if you want, but really it's essentially Chinese. -TD
-- Tyler Durden
To say that China was "despotic" would, on average, be accurate. But then again, one must remember that a form of despotism where the despots are months away is very different from modern forms of despotism.
But the despots are still months away. The joke used to be that it took a Russian six months to organize a date with a girl because he had to clear it with the Kremlin. When Vietnam attacked Cambodia in 1978, it took the left a year to suddenly come up with a venemous denunciation of Khmer Rouge Cambodia - they could not react until the Soviet Union reacted, and it took the Soviet Union near a year to react. --digsig James A. Donald 6YeGpsZR+nOTh/cGwvITnSR3TdzclVpR0+pr3YYQdkG /wF4zwpFvF9ac/DnBvXxdZOBgq+OgBH5WtuPImjY 4mzi4xYS1k3UR5wq20+FtKNGU4wV3pYRcCYMs0tjT
participants (2)
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James A. Donald
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Tyler Durden