Quote:
Originally Posted by JohnnyB
Unbridled capitalism certainly seems to be hurting American democracy, just as it is hurting the middle class. The highest rated democracies are countries with largely free but well-regulated market economies and robust social welfare systems. That's actually where China is headed too, though whether or not that leads to a more democratic society is very questionable.
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It's very strange, China is socialist in many areas and capitalist in many areas. Take healthcare for example. A hybrid of public and private healthcare, mostly private. Private meaning paid for or guanxi (personal relationships). Imagine a world here you can scalp tickets to see the doctor. So you've got these massive multi-plex hospitals for the rich and connected and then you have hospitals with nothing in podunk village. This causes severe inequality between the rich and the poor.
I've always said, one of the main thing that holds communism back is crony-ism, which is is opposite of the communist ideology of equality for all.