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by tchaffee
2767 days ago
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You seem to agree with me that a dictatorship can last longer in a trade war? Your gripe seems to be with what a horrible place China is. That might be true. Having lived there and done business there I think it's more nuanced than you're making it out to be. But let's say it really is that bad. Does that win a trade war before the next US elections in 2 years when US consumers might already be frustrated with higher prices? |
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China has become an industrial powerhouse when some modicum of economic liberty was admitted by Deng Xiaoping. Dictatorship stifles internal economic competition, and makes the economy less and less efficient.
If Mao times look too drastic a comparison, you can compare to the USSR, which was also, well, nuanced, and had leaders stat stayed at power for decades. How well did it fare against the US?