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I would argue that the economic miracle in China is based more on their discovery of market forces than on their suppression of certain market forces, though I don't dispute the general conclusions of your analysis. I would also argue that the U.S. has peaked as a world power resulting from decades of instant gratification and trends of political thought that have the US moving in the direction of destructive socialism at the same time that so many countries are moving in the opposite and very positive direction of increased respect for free markets.
Aug 18 09:37 am
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All Comments by Alphameister »Chinese Hegemonic Effect Overtakes U.S.? Not So Fast [View article]