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by invaliddata 4016 days ago
It seems pretty clear that china has done a better job in raising the overall circumstances of the poorest of its citizens than many other developing countries over a similar time span. I'm not just talking about a bunch of African basket cases either. Look at India; for all the progress they have made, the poorest of their people live in horrible circumstances, the likes of which one doesn't find in the same enormous magnitude. I'm sure china could have done much worse. I know which country I'd rather be destitute in. Now how much of that is attributable to something like the one child policy where the have essentially mortgaged their future in exchange for fantastic present growth? We will find out eventually.
1 comments

India is different because they don't embrace the same communist party ideology and leadership structure. Unfortunately, the government has no power because all the money in India is flowing to private anonymous banking friendly countries and they can't tax it.