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Politics : The Citizens Manifesto -- Ignore unavailable to you. Want to Upgrade?


To: Amy J who wrote (159)6/20/2005 11:02:34 AM
From: TimF  Respond to of 492
 
China still has large state own industries, but the private sector is where the amazing growth is occurring.

The private sector often does need approval from the government to operate but its usually a matter of making friends with and/or bribing the right official. That's more just corruption instead of real communism and so far the corruption isn't so bad as to put a serve chokehold on the growth.

Look no further than India, to see the struggles of democracy below a certain GDP.

1 - You seem to be getting democracy mixes up with capitalism. You can have a democratic socialist state (which India was), or an authoritarian socialist/communist state (which China was). Now India and China are both becoming more capitalist.

2 - India has a pretty good growth rate. Yes it isn't as good as China's but its better then most of the rest of the world.

3 - China and India are both large countries, but they are each just one example. Its a stretch to take the fact that China is growing faster then India and turn that in to "Democracy isn't good for growth in poor countries", or even more of stretch (because China's growth is largely because it is becoming more capitalist, and because socialism's record is abysmal) to use the example to say "socialism (or communism) is good is better for growth than capitalism below a certain GDP per head".

Tim