Results 1 to 20 of 807

Thread: China's Emergence as a Superpower (till 2014)

Threaded View

Previous Post Previous Post   Next Post Next Post
  1. #9
    Council Member Firn's Avatar
    Join Date
    Sep 2009
    Posts
    1,297

    Default

    I recently watched this docu, which I found very interesting even though I knew much of the narrative. It strongly reminds me of the saying that the only thing worse than being exploited by capitalism is not be to be exploited by it. Some gains in efficiency and the resulting rise in wealth were certainly amazing, the fruits of a giving people the chance to better their status quo on their merits. Of course the spirit of those who just took the chance, like the people of Xiao Gang was quite amazing and drive by dire need. That they signed a legal pact among each other to support the those and their families who might get imprisoned or killed by the state carries some sad irony with it. (Such reactions are of course not unique, but rather common if not so overt)

    Sustaining China's Economic Growth was eye-opening for me, especially concerning the implication of cultural differences, the (lack) of a good financial system and the lack of a social security net on things like the MPC or MPS (marginal prop. to consume/save) and the way to invest.
    Last edited by Firn; 04-21-2012 at 09:30 AM.
    ... "We need officers capable of following systematically the path of logical argument to its conclusion, with disciplined intellect, strong in character and nerve to execute what the intellect dictates"

    General Ludwig Beck (1880-1944);
    Speech at the Kriegsakademie, 1935

Similar Threads

  1. Ukraine (closed; covers till August 2014)
    By Beelzebubalicious in forum Europe
    Replies: 1934
    Last Post: 08-04-2014, 07:59 PM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •