Chinese Economics Thread

Discussion in 'Members' Club Room' started by Norfolk, Jan 10, 2008.

  1. Jura
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    Jura Lieutenant General

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    now I read
    Brokers promise big money in helping finance private firms
    Xinhua| 2018-11-24 23:08:21 http://www.xinhuanet.com/english/2018-11/24/c_137628976.htm

     
  2. Anlsvrthng
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    Anlsvrthng Junior Member
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    Step back a bit , and thing about the difference between the central planning economy model and the "capitalist " one .

    In the central planning there is a "genius" or a group of them that telling to everyone what to do, like in a Soviet style company.
    Now, in the capitalist model only the general rules are set, everyone will do the job by his best knowledge, within the rules , without any central command authority .
    However this system needs a working ,decentralised legal and police system, and many other institutions that very hard to copy.


    Interestingly, a typical successful company works closer to the "capitalist " model than to the central command model.

    The same model works for companies as well, and by going thought different organisations each of them has different balance between the Valve corporation like "no free " and the "military unit " like organisation.


    Anyway, the rule based system works within the politics as well, if you graph Stalin,Woodrow Wilson , Gorbachev, George Bush , Nixon and any random Swiss politician from the past 160 years on a scale, and check how deep economical damage they caused to the country that they lead then it will be quite obvious the connection between the freedom of leader to do whatever he/she wants and the potential damage that he/she can cause.

    And it become quite obvious if the final decision about war and peace, international organisation, and every law that affecting the people rest in the hand of masses then the end result will be way better in medium / long term than in any other system.


    Who knows, the successor of Putin will be maybe a Stalin like idiot, who willing to use all resources of the country to revenge a personal insult about his belly fat, or a Gorbachev like tree huger.
     
  3. Yvrch
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    Yvrch Junior Member
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    Whot? Whot? .. LoL ... Unabashedly pretentious load of ladida ..
    this stuff is worthy of a full residency in a psychiatric ward somewhere .. forever ...
     
  4. manqiangrexue
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    manqiangrexue Senior Member

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    No, YOU step back. You never said "capitalist." You said a system where the elite have very little or no power and the masses decide everything for themselves. Now, you are changing to capitalism, which is you moving the goalpost in a HUGE way. Capitalism is a form of government where the rich elite rule over the masses; it is completely NOT the system you were arguing for prior. Nobody would argue with you that capitalism didn't work for companies or countries. I challenged you to find one government or even company that followed your style and you stumbling all over yourself with incoherent rants before finally trying Valve, but failed, because they don't do what you thought they did. Now you want to say you were talking about capitalism?? LOL Would that have been so hard to find an example?

    Sorry, but you ain't slick and your neck isn't getting out of this noose you fashioned for yourself. You're wrong and pretending to have said something else doesn't work when there's black and white words to record your history.
     
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  5. Yvrch
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    Yvrch Junior Member
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    There's only one word to describe this : cringe.

    Embarrassing, awkward, totally sanitized to feel any shame.
    What a cringebag!
     
  6. t2contra
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    t2contra Captain

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    He is being driven by the power of Envy and a sense of helplessness.
     
  7. Tam
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    Tam Senior Member
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    Online or mobile payment systems are revolutionizing the Chinese economy in a way that wasn't envisioned before.

    In order to pay for online or mobile, you need a formal bank account. This means you have to take out the money you are saving and hiding under the mattresses into the banking system, resulting having China's massive black market economy, as well as hidden savings, back into the formal economy.
     
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  8. Dolcevita
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    Dolcevita Junior Member

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    Antagonism is ingrained on this one and he/she finds delight in masochistic humiliation. Totally useless for intelligent discourse except to provide pleasure for sadist among us in this forum.
     
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  9. manqiangrexue
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    manqiangrexue Senior Member

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    Let's not get too crazy with that; it's starting to sound a little... off...
     
    #9539 manqiangrexue, Nov 25, 2018
    Last edited: Nov 25, 2018
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  10. Jura
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    Jura Lieutenant General

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    now I read
    China to set up evaluation system to better business climate
    Xinhua| 2018-11-29 01:27:49 http://www.xinhuanet.com/english/2018-11/29/c_137637977.htm

     
    Equation and N00813 like this.
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