Could the Chinese economic miracle succeeded had they gone w/ Democracy?

Bill said:
Could the Chinese economic miracle succeeded had they gone w/ Democracy?
Click to expand...

China is an Ethnic State. They could have a 'Democracy' and still pursue a Nationalistic Economic Plan.
The US is a 'Democracy', but has pursued a Globalist Plan based on International Capitalism.
 
Jack said:
China is an Ethnic State. They could have a 'Democracy' and still pursue a Nationalistic Economic Plan.
The US is a 'Democracy', but has pursued a Globalist Plan based on International Capitalism.
Click to expand...

There are many, many minorities in the country/regions but Han is by far the dominate ethnicity...

In a democracy wouldn't there be less state control of society & business??

Specifically the huge semi-state corporations & huge subsidies, controlled market economy etc..
 
Bill: "In a democracy wouldn't there be less state control of society & business??"
Jack: --->Could the Chinese economic miracle succeeded had they gone w/ Democracy?<--- That was your Question. If the Chinese (an Ethno-State) believe a combination of Private Enterprise and State Participation is in their Best Interest, I would think they would continue with THAT Model. As far as "state control of society", I would think a 'Democracy' would loosen control of the State upon Society.

"The Norwegian State Owns Most Of The Country’s Wealth"
https://www.peoplespolicyproject.or...-government-owns-most-of-the-countrys-wealth/

"NORWAY IS THE odd man out in the Nordics. While its neighbours are flirting with free markets, Norway is embracing state capitalism. Its national oil champion, Statoil, is the largest company in the region. The Norwegian state owns large stakes in Telenor, the country’s biggest telephone operator, Norsk Hydro, its biggest aluminium producer, Yara, its biggest fertiliser- maker, and DnBNor, its biggest bank. It holds 37% of the Oslo stockmarket, but it also controls some non-listed giants such as Statkraft, a power-generator, which if listed would be the third-biggest company on the stockmarket."
https://www.economist.com/special-report/2013/01/31/the-rich-cousin





Bill said:
There are many, many minorities in the country/regions but Han is by far the dominate ethnicity...

In a democracy wouldn't there be less state control of society & business??

Specifically the huge semi-state corporations & huge subsidies, controlled market economy etc..
Click to expand...
 
Jack said:
Bill: "In a democracy wouldn't there be less state control of society & business??"
Jack: --->Could the Chinese economic miracle succeeded had they gone w/ Democracy?<--- That was your Question. If the Chinese (an Ethno-State) believe a combination of Private Enterprise and State Participation is in their Best Interest, I would think they would continue with THAT Model. As far as "state control of society", I would think a 'Democracy' would loosen control of the State upon Society.

"The Norwegian State Owns Most Of The Country’s Wealth"
https://www.peoplespolicyproject.or...-government-owns-most-of-the-countrys-wealth/

"NORWAY IS THE odd man out in the Nordics. While its neighbours are flirting with free markets, Norway is embracing state capitalism. Its national oil champion, Statoil, is the largest company in the region. The Norwegian state owns large stakes in Telenor, the country’s biggest telephone operator, Norsk Hydro, its biggest aluminium producer, Yara, its biggest fertiliser- maker, and DnBNor, its biggest bank. It holds 37% of the Oslo stockmarket, but it also controls some non-listed giants such as Statkraft, a power-generator, which if listed would be the third-biggest company on the stockmarket."
https://www.economist.com/special-report/2013/01/31/the-rich-cousin
Click to expand...

Yet, oddly enough -- despite all this hideous and rampant socialism and the unfortunate loss of freedom and individualism so highly prized by Reichwing Americans -- Norway is consistently ranked as the happiest country on the planet. My Norwegian friends certainly agree with that assessment.

https://www.inc.com/melanie-curtin/the-top-10-happiest-countries-on-earth-according-to-un.html
 
:) hahaha ... those that would benefit the most, seem to be the ones that oppose it the most.



ThatOwlWoman said:
Yet, oddly enough -- despite all this hideous and rampant socialism and the unfortunate loss of freedom and individualism so highly prized by Reichwing Americans -- Norway is consistently ranked as the happiest country on the planet. My Norwegian friends certainly agree with that assessment.

https://www.inc.com/melanie-curtin/the-top-10-happiest-countries-on-earth-according-to-un.html
Click to expand...
 
I wonder what the US could do with one of these?


"A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally."
 
Or if the US (the State) began a Partnership with our Tech Companies to compete against China and their State supported Tech Companies?
 
Jack said:
I wonder what the US could do with one of these?


"A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally."
Click to expand...

Oh lots. The bankers, Republicans and Democrats, and Wall Street would rape that thing to death.
 
ThatOwlWoman said:
It's amazing that some would choose misery over true economic freedom -- and happiness.
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Successful brainwashing. I'm sure Mr. Owl is content (I know I am) with NOT having to share the amazing 'Money Machine' of investing with the Proletariat.
:) I always look at the 'Shareholding Class' ... as the true Communists. THEY are the Owners of Production.
 
ThatOwlWoman said:
Oh lots. The bankers, Republicans and Democrats, and Wall Street would rape that thing to death.
Click to expand...

That's the common fear. The appointed 'Administrator' would have to be an honest person, working for the American People. I wonder how the other 'Sovereign Funds' are administered?
 
Bill said:
There are many, many minorities in the country/regions but Han is by far the dominate ethnicity...

In a democracy wouldn't there be less state control of society & business??

Specifically the huge semi-state corporations & huge subsidies, controlled market economy etc..
Click to expand...

There is a history of fascist regimes emerging from democracies.
 
"The International Forum of Sovereign Wealth Funds (IFSWF) is a nonprofit international group of sovereign wealth funds managers which was established in 2009. It is based in London, England.[2]"
"In 2009, a group of 23 leading state-owned international investors from around the world established the IFSWF’s precursor, the International Working Group of Sovereign Wealth Funds, following discussions with global groups such as the G20, IMF, and the U.S. Department of Treasury in 2007 and 2008. The Working Group created a set of Generally Accepted Principles and Practices, better known as the "Santiago Principles", for sovereign wealth funds’ institutional governance and risk-management frameworks. Following the Kuwait Declaration in 2009, the International Working Group became the IFSWF with the mandate of helping members implement the Principles.[3]"
https://en.wikipedia.org/wiki/International_Forum_of_Sovereign_Wealth_Funds


ThatOwlWoman said:
Oh lots. The bankers, Republicans and Democrats, and Wall Street would rape that thing to death.
Click to expand...
 
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