Quote:
Originally posted by tjinaz@Jun 13 2005, 08:35 PM
I see his point. With the tight government control they will never be able to be as adaptable as the US or India. Restriction dampens creativity. The reason the Indians and the Americans do so well is that anyone can have that million dollar idea and get rich. Consequently they are self motivating. With China you would have the million dollar idea and the state would give you a nice t-shirt while their cronies get rich. Not much motivation there.
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Not much depth here. You're completely ignoring the 'non-theory' element of China's economy, which is a rapidly growing private-sector with public ties. Believe it or not, there are many, many successful entrepeneurs there right now making boatloads of money. This also ignores China's (so far) successful economic growth model. Currently, they're growth totally outstrips ours. How much less creative could they be? While they are draconian, they are not Stalinist.
I wouldn't be surprised to see China turn corporate before it turned democratic. Several of the new (and massively profitable) industry leaders are becoming as powerful as the political leaders. Though, it should be noted, without the consent of the political leaders, it's hard to become an industry leader. Once you're there though...