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Saturday 29 January 2011

Whatever does American Capitalism have to do with the Price of Tea in China?

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Well, I'll get started on this post today just to keep up my days-in-a-row thing, but as my longtime readers may or may not have noticed, I never post on Sundays. So this will be the last day in a row anyway.
Today's linked news article is "Why China Does Capitalism Better than the U.S." The article opens with a claim that 'ironically', China is doing a better job of managing capitalism's crisis than the US is:
"Beijing's stimulus spending was larger, infinitely more effective at overcoming the slowdown and directed at laying the infrastructural tracks for further economic expansion."
Ha, ha, ha. What this really is all about is "Why China Does Socialism Better than the U.S." The reason why China Does Socialism Better than the U.S. is because socialism never works without coercion, and China is way better and more experienced at coercion than the U.S.

I suppose I could say more, but that's it in a nutshell.

3 comments:

  1. Sadly, most Americans are too stupid to see that irony, or we wouldn't be in the fix we are.

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  2. Too bad that argument doesn't work with other countries who have fared better than the US...

    ReplyDelete
  3. Iran has the highest rate of capital punishment in the world. Saudi Arabia is second. China is third per capita, but of course the highest overall: several thousand a year. America, less than a hundred. So, as far as capital punishment is concerned, yes, several countries fare better than the US.

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