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by ajross
2912 days ago
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> I don't want "China to grow at 9% year after year". I want them to have a stable economy and work on redistribution. Similar for everybody else. No one who knows anything about the cultural revolution would make that statement. A China starting in the 1960's with a "stable economy" and "better redistribution" would, today, be a dirt poor backwater having survived famine after famine. Think North Korea, but with a billion people. You're fantasizing about a world that doesn't/didn't exist. There's no way to get modern Chinese wealth without "globalization". And without that wealth you have a humanitarian disaster. |
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China existed for milennia without "modern Chinese wealth" -- and was the biggest economy on earth for many centuries before the European powers started their colonial plundering.
Economies can also grow slowly and organically -- as opposed to a mad rush to "year over year N% growth" consequences be damned -- and can also chose which areas NOT to grow, and not to pursue, when those areas might be harmful etc.