[harpratap]

I don't think it will be such a dramatic shift. It will be more of a middle ground IMO. The mega corporations of US will be regulated by the government just like it happens in China. And China will end up with more rights and transperancy like a democracy.

[bilbo0s]

I think it more likely that china will end up with these facilities in country, along with their typical good old fashioned protectionism freezing others out of the china market in that segment.

As horrible as this sounds, there will be a large number of entities in china that will view this as the opportunity of a lifetime.

But hey, here's hoping.

[bsder]

> And China will end up with more rights and transperancy like a democracy.

I see no timeline in which this happens short of Xi Jinping catching coronavirus and dying.

China is headed into "What is best for Xi Jinping" rather than "What is best for China". Lysenkoism is coming.

[bilbo0s]

>I see no timeline in which this happens short of Xi Jinping catching coronavirus and dying.

Yeah, I don't see it happening then either.

But it certainly isn't gonna happen after an enormous market opens up for domestic competitors.

[harpratap]

> China is headed into "What is best for Xi Jinping" rather than "What is best for China"

Isn't this the same happening everywhere?

[throwaway2048]

China becoming more democratic has been a pipe dream getting sold by businesses making money off the fantasy for 3 decades and running.

The opposite is currently happening.

[harpratap]

People said the same thing about free markets in Soviet Union. Yet here we are with entrepreneurs and stock markets in Communist China.

[throwaway2048]

Entrepreneurs and stock markets have nothing to do with democracy, its a conceit anyone ever thought they did.

[bilbo0s]

throwaway is right though, free markets are much easier than political systems. It could be argued that china is already free market, and even still, that political system has not budged.

[jackguy]

Probably off topic, but does democracy "guarantee" more rights and transparency?

[harpratap]

The democratic process incentivises transparency. You want to make public all the good work you're doing and the opposition wants to discover all the bad you did so they could turn the people against you in next elections. And it also does guarantee more rights (although eventually) as history has already proven.