|
|
|
|
|
by sddfd
2198 days ago
|
|
The western economic system cannot deal with lockdowns, and more generally, any kind of stop-the-world scenarios. What will be most important now is how the west will be able to deal with this crisis in comparison to China. If the Chinese system is able to deal with the crisis more effectively in economic terms, this may put the western system as a whole in jeopardy, in particular values like freedom and privacy. |
|
However the west has imposed large scale quarantines so the collective is in fact valued (because most people understand them paying a some cost will benefit others).
Also china is not an ant's nest, and the government can't go mad or their government will become unstable and even overthrowm.
We're not so totally far apart. I don't know. My feeling in good times the west does better, in hard times authoritarianism does better. We're in a hard time. Things will change. Also china and the west are entangled economically (so you can't examine each in isolation), so if the west does worse, china suffers economically. Also china's allegedly been misusing cash - the tide's going out, who's (more) naked? It's a good question.