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  1. #51
    Join Date
    Sep 2007
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    DESTROYING the old to make way for the new is the essence of market economies.
    eri: This doesn't happen any more. e.g. banks in America. Too big to fail and they know it.

    They fail, we bail them out.

    Same with other big companies such as GM, AirNZ and so on.

    So it's capitalism for the masses, socialism for the top few.
    Squadly dinky do!

  2. #52
    Join Date
    Sep 2008
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    7,558

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    when poor, ill-educated + unemployed people

    live in state houses and receive cash handouts

    which they use to buy so much junk food

    that they will die of diabetes or obesity related causes

    it's a long bow to draw

    that the evils of socialism

    exist

    only at the top
    Last edited by eri; 09-09-2014 at 06:29 PM.
    have you defeated them?
    your demons

  3. #53
    Join Date
    Sep 2008
    Posts
    7,558

    Default

    http://www.economist.com/news/leader...6d37c30b6f1709

    chinese gov

    still smoking

    while sitting on barrels of gunpowder

    ... discontent is growing all over China, and Beijing cannot just sit on it.

    The huge new middle class is becoming increasingly frustrated with its powerlessness over issues such as education, health care, the environment and property rights.

    In terms of their day-to-day worries, mainlanders have a lot in common with Hong Kong’s citizens.

    China’s government is going to have to work out a way of satisfying their aspirations for more control over their lives.

    Hong Kong would have been a good place to start.

    Xi Jinping, the party chief and president, had the opportunity to use Hong Kong as a test-bed for political change in China.

    Had he taken this opportunity, he might have gone down in history as a true reformer. Instead, he has squandered it.


    have you defeated them?
    your demons

  4. #54
    Join Date
    Sep 2007
    Location
    Auckland
    Posts
    8,299

    Default

    I think that is right eri, Chinese citizens will demand property rights.

    Who wants to work their whole life building up a little empire which the corrupt local official can come and grab? No one.
    Squadly dinky do!


 

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