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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: ryanaka who wrote (1171566)10/17/2019 9:05:21 AM
From: IC720  Respond to of 1574017
 
Regarding China vs US...
answer in bold

China Communism v Hybrid Capitalism
"Although China claims to be a Communist Party, they are by no means a Communist government. They are more of a hybrid where the leaders are still party members but they do not have to stand for election. Therefore, they do not need to make fake promises as we have in the West. This hybrid system is much more reliable insofar as it can actually make strategic plans for the long-term. In the West, we have elections and the political parties are so antagonistic with each other that the economic business cycle is being accelerated in amplitude, which means we get more volatility. From a national growth perspective, China’s extraordinary rise to the #2 economy in the world demonstrates the effective benefits of such a system compared to our system of political rivalry.



The only way to fix our system is to outlaw socialism where they promise to rob other people’s money. Ancient Rome had social programs without class warfare. We have to end this conflict that prevents economic long-term growth.