|
|
|
|
|
by anovikov
1039 days ago
|
|
Still, you need money to control the army and keep it interested. Then there comes a choice of either being unable to do it because of not raising enough cash from society to make a sufficiently big army to keep population in check, being able to have better income they can have in civilian life; or doing it and ruining the competitiveness of the overall economy - like the good old Soviet Union. Now, in the post-industrial era, we have a third threat. Extinction. And China may actually combine all three. Money is the force of reason, ignoring it comes at one's own peril regardless of the force one controls: it means going against common sense that established itself through the power of competition, in favour of some arbitrary political theory or just someone's wits. Even if it succeeds for a while, it always reduces overall quality of the system and increases it's vulnerability. |
|
Making payroll is never an issue for a sovereign that controls a central bank that controls their own currency. You're completely missing the point, because you're thinking in terms of money. A country isn't a business, or a household, it doesn't budget in the way you think.
> Money is the force of reason, ignoring it comes at one's own peril regardless of the force one controls:
Money is a floating-value paper proxy for material wealth. When there's a shortage of material prosperity - when people aren't building stuff, that's when you get a problem. Your position has just as many ideological blinders on as the one you think you are making arguments against.
The USSR collapsed because it failed to provide material prosperity. China, by any metric you could measure, is wildly succeeding at providing that material prosperity. That is what the party is focused on, because that's what's going to keep them in power.