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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (261011)4/8/2008 6:10:18 PM
From: TimF  Read Replies (3) | Respond to of 281500
 
China is growing in wealth as it becomes less socialist, but it still has much less wealth than the US. You have to create wealth before you can redistribute it. Being socialist provides just about zero protection from economic crisis, and in general is more likely to cause economic problems than fix them or protect against them.

take a look around your home and get rid of everything that is directly or indirectly made in China

Its made in China because they are in effect the lowest bidder. If the lowest bidder drops off the market the next lowest bidder gets the sale.

PS In my story, "boycott" meant more than just China not selling to US. It also meant the same that anyone breaching this rule would not be getting their goods from China.

That would be close to economic suicide on the part of China.



To: Sun Tzu who wrote (261011)4/8/2008 6:11:49 PM
From: Nadine Carroll  Read Replies (2) | Respond to of 281500
 
China WAS a socialist country. We are now twenty years on from Deng's "to get rich is glorious" proclamation.

Cutting off the US market would be in effect a suicide bombing attack by China. It would suddenly deprive the 10s or 100s of millions of China's rising middle class of the prosperity which they were accustomed to and had learned to expect.

If history teaches anything, it is that nothing is more dangerous to a government than depriving a middle class of their dearly held aspirations. They, far more than the poor, are likely to create revolutions. That is what happened in France in 1789.