China Triggers the Recession Alarm

[Belbo]

Haha the Chinese do not come from a "communist" background, unless you're referring to a temporary socialist state of affairs back in the 60s and 70s.

Given that Mao's lunatic lot came to power in 1949, the 50s were hardly a whole bunch of fun either. As I recall, it was really only in late 80s under Deng that executive policy direction seriously changed. So it'd be more like 4 rather than 2 decades in the 'temporary' economic wilderness (i.e. a lifetime for billions). And as for not being 'communist' in the worst sense of that word, I'd beg to differ. It was a totalitarian nightmare for most people for the most part of it. You can't spin this any other way.

That China today is very different doesn't change the past nor the price.

 

[Deltaberry]

50s gives you one more decade, not sure where the 4th decade came from.

From what I understand of my family history, they were still inviting many businessmen back in the 50s to restart their businesses. At least in the south which was run by Ye, who protected many people in the south from the purge.

FYI, Ye was instrumental in installing Deng back to power ahead of Hua after Mao died and Jiang got arrested.

 

[Belbo]

50s gives you one more decade, not sure where the 4th decade came from.

From what I understand of my family history, they were still inviting many businessmen back in the 50s to restart their businesses. At least in the south which was run by Ye, who protected many people in the south from the purge.

FYI, Ye was instrumental in installing Deng back to power ahead of Hua after Mao died and Jiang got arrested.

The 4th was the 80s in my view, but I stand to be corrected. I am no expert on China, I admit. You seem fairly comfortably with authoritarian rule though, which is I think what you are championing in this and other threads.

I don't know that you've really thought through your politics much beyond what suits your immediate self-interest however. To write off democracy as a fool's errand is courageous enough; but to excuse totalitarianism (remembering the 'excesses' of the Cultural Revolution) as a logical prelude to contemporary 'competitive authoritarianism' in China may just be a step too far into complete moral peril.

 

[Deltaberry]

Not advocating anything.

Just saying each system has its pros and cons, and right now China's system is probably most appropriate for the place at the moment.

From a personal perspective, Asian systems suit me more as they tend to favour the capitalists. This place is great for many people and has a fine balance, but it's especially great if you're a do-nothing draw-social-benefit whinge-about-rich-people-all-day bogan.