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by rsynnott
1569 days ago
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I mean, there was no tradition of democracy in Korea or China, but South Korea and Taiwan transitioned reasonably successfully to democracy in the 80s and 90s respectively. It has been done. For that matter, a number of Soviet successor states are successfully functioning democracies. |
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There are no differences between them in foreign affairs. Both favor wage suppression policies. Both favor currency manipulation to suppress consumption in order to help exporters. None of them is doing anything about the worst housing crisis in the world, leading to a demographic suicide of the country - fertility rate is below 1.3 for 20 years and counting. In many way, it's a choice between Pepsi and Coca-cola