China Is A State Driven Business Model Geared To Expand

[AdvancingTime]

People are naive if they do not recognize the distinct advantage a state-driven economy has over free enterprise, at least initially. A bit predatory in nature, such a system can quickly exploit the weaknesses of its competitors. It is important we recognize China is a state-run economy based on a business model that is geared to expand by crushing the competition. Subsidizing those companies working within its system in a multitude of ways helps it achieve this goal.

Whether driven by greed or suffering from being short-sighted, buyers of the many products we import each year should resist giving up their futures so that we can buy the latest fancy flat screen television or set of patio furniture made in China for far less than one made in America. Countries that export goods at slightly below cost in exchange for manufacturing jobs are not stupid they are predatory and we in America are their prey. The article below explores the ramifications of this.

Advancing Time: China A State Driven Business Model Geared To Expand

 

[Sunni Man]

It's called Communism........

 

[Jomama]

It's called Communism........

Really, you cant distinguish between the economies of modern day China, Cuba, North Korea and the former USSR? Their all the same, just communist, no discernible difference between these economies?

OP is correct that authoritarian regimes often outperform liberal/democratic countries. Problem is that they don't last - perhaps democracies (representative republics) don't last either as we'll likely find out in the next 100 years, but the US and France have lasted considerably longer than any modern authoritarian regime has.