Hacker News new | ask | show | jobs
by JetSpiegel 619 days ago
I think China is a worse country to live that the US or EU, but a better business environment. China's State Capitalism is simply more efficient than the neoliberalism hellscape that came up from the Soviet Union's collapse.

I see the rest of the world becoming more similar to China than the other way around, unfortunately. The US is already a pseudo-Soviet state economically, and is on the brink of becoming a dictatorship on top of that.

1 comments

> I see the rest of the world becoming more similar to China than the other way around, unfortunately.

I hope they enjoy the mediocrity that comes with state-dominated economies.

> The US is already a pseudo-Soviet state economically.

Maybe I'm blind, but I have no idea how someone looks at the USA and concludes this.

Extremely inequality that keeps increasing, political movements that try to change this are killed in the crib, a dying empire.

Just because the Central Comittee is called Blackrock, doesn't mean the American economy is not being more and more centrally planned. Free Enterprise is dying.

I mean economically, the political system is still "free" (less and less), it's not a dictatorship (yet).

> Just because the Central Comittee is called Blackrock, doesn't mean the American economy is not being more and more centrally planned.

Of course, you'll mention BlackRock, the never-ending boogeyman for people with little economic knowledge.