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Re: The stuff of stubborness.
mengzhi wrote: "liangzai is now determined to win at all cost rather than be correct."|
I only want the truth and the facts to prevail. Let others determine who "wins".
mengzhi wrote: "Capitalism is rampant throughout the world ( and ' democracy ' too ). It is spread from Brazil to Zimbwabe. It is the economic system of the Philippines, Indonesia, Mexico and Russia. What happened to the simplistic formula to untold riches which you espoused to?"
Let's see... unless there is no property rights, there is no capitalism. In Zimbabwe there are no property rights; the government is seizing white people's properties in blind hatred. The Philippines and Indonesia have internal clashes of a religious nature; such atrocities will ruin any economy, since the capital available will FLEE to more stable territory (outside the Philippines and Indonesia). Brazil, Mexico and Russia are three examples of states with heavy corruption; capitalism is hampered by corruption. In Russia, news papers and television stations are being bought up or prohibited by the state, and oil barons and other people with economic power are persecuted by Putin himself.
mengzhi wrote: "Germany and France are two of the stalwarts of capitalism and they are presiding over 10% of unemployment. The USA , the fountain of laissez faire and liberal capitalism (read anything goes capitalism) is losing milliions of jobs off shore and is burdened with the greatest trade deficit of their history."
Yeah. But they are mature economies. They can't grow as fast as China. And in any economy you will see fluctuations between good and bad times. The bad times mean unemployment and restructuring of the economy (consider the 70s: the ship industry and the textile industry were outsourced to Asia, and Japan and the US shifted toward electronics and the personal computer boom). Germany is a special case, since it has the burden of the formerly communist run East Germany to deal with. An unemployment rate of 5-10% is normal. If it reaches 50%, as under the depression in the US, or as it is in Shanghai for young people in their 20s and 30s, it is alarming and threatening to society. Then you have to change stuff (lower taxes, stimulate the economy and so on, like with the New Deal under the US depression),
mengzhi wrote: "You may be mistaking capitalism with exploitation ; the stuff of the good old colonial days where natural resources including human labour is commandeered without payment. Of course a colonising nation could get rich easily that way. However that is ancient history now. The new form of exploitation is that seen in Iraq. Oil oil oil!"
I can't vouch for the US imperialist deeds. Where is Sweden, Denmark, Norway, Finland, Switzerland, Holland, Germany and so on doing such exploitation?
mengzhi wrote: "China is now the most dynamic economy in the world , bar NONE ! It is achieved by blood , sweat and toil and let no man deny that. It will continue to be so because we have the foresight and application to carve out a niche for ourselves."
China is growing very fast, but from a low level. In ten years time, the Chinese economy will surpass that of the US, although China still has five times the population. Thus there will still more room to grow for many years. But sooner or later, China's economy will plane out and mature, and it will face the same problems as seen in the mature economies of the West. Then the Chinese laborers will conmplain that India is taking their jobs.
mengzhi wrote: "We need NO foreigners and their advice thank you very much."
Are you a spokesperson for the government? If not, just please state your own opinion.