Would it be fair so say China’s economic policies are “better” than the economic policies of the US?
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  Would it be fair so say China’s economic policies are “better” than the economic policies of the US?
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Author Topic: Would it be fair so say China’s economic policies are “better” than the economic policies of the US?  (Read 525 times)
TheReckoning
Junior Chimp
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« on: March 28, 2023, 10:19:42 PM »

Generally speaking, how “good” an economy is doing is typically measured by GDP growth. And generally speaking, macroeconomic policies set by the government are considered to be the most important factor in influencing GDP growth.

Based on this, and the fact that China’s GDP growth has outpaced the USA’s over the last several decades, would it be fair to say that China’s economic policies are better than that of the USA’s? Why or why not?
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Kahane's Grave Is A Gender-Neutral Bathroom
theflyingmongoose
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« Reply #1 on: March 28, 2023, 10:57:03 PM »

Another Reckoning blatant China shill thread, must be a day ending in 'y'

Millions of Chinese are prohibited from using public services in major cities due to the Hukou system (which prohibits people from receiving benefits outside their provices)

It's essentially segregation.

That's an objectively terrible idea, and might be why Chinese growth is slowing despite its GDP being lower and population higher than the US. If Chinese economic policies were as good as US economic policies then they would be steaming full speed towards a GDP-PPP-adjusted over double ours.

Turns out when you stop shooting intellectuals and causing famines your economy grows.
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SnowLabrador
Junior Chimp
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« Reply #2 on: March 29, 2023, 05:35:04 AM »

Yes.
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Kahane's Grave Is A Gender-Neutral Bathroom
theflyingmongoose
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« Reply #3 on: March 29, 2023, 12:26:08 PM »


Move to rural China without any internet access for a couple years and report back then.
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TheReckoning
Junior Chimp
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« Reply #4 on: April 01, 2023, 03:41:13 PM »

The only responses this thread got were from two of the fundamentally most unserious posters on this site, so I’m bumping to hopefully get better responses from people who actually know what they’re talking about.
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HillGoose
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« Reply #5 on: April 01, 2023, 05:49:02 PM »

no, communism is death !

if u love red china so much y dont u move there?
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TDAS04
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« Reply #6 on: April 01, 2023, 07:11:20 PM »

I despise the Chinese government, and there is never an excuse for the kind of brutality it inflicts.  Nonetheless, it could be argued that China's economic polices are better, at least in some ways.  The current PRC is frighteningly ambitious, practical, and technocratic.  For example, China actually gives a sh't about building up its infrastructure.  They're smart enough to understand that projects such as high-speed rail can actually boost a nation's position.
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TheReckoning
Junior Chimp
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« Reply #7 on: April 04, 2023, 05:36:11 PM »

Anyone else with any valid input?
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Damocles
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« Reply #8 on: April 04, 2023, 05:50:07 PM »

no, communism is death !

if u love red china so much y dont u move there?

Venezuela iPhone 100 million we live in a society taking your toothbrush
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Kahane's Grave Is A Gender-Neutral Bathroom
theflyingmongoose
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« Reply #9 on: April 05, 2023, 01:22:16 AM »

I despise the Chinese government, and there is never an excuse for the kind of brutality it inflicts.  Nonetheless, it could be argued that China's economic polices are better, at least in some ways.  The current PRC is frighteningly ambitious, practical, and technocratic.  For example, China actually gives a sh't about building up its infrastructure.  They're smart enough to understand that projects such as high-speed rail can actually boost a nation's position.


China also doesn't care about the welfare of its populace. America without any taxes/spending regarding social security/medicare would have more money to invest in things like infrastructure, sure, but it would be a brutal dystopia outside of a few areas.
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Sprouts Farmers Market ✘
Sprouts
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« Reply #10 on: April 05, 2023, 01:44:58 AM »

https://en.m.wikipedia.org/wiki/Convergence_(economics)
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