They didn't "just switch" to a more capitalist approach.
sure they did, 30 years is less than a mere drop in the bucket but in that tiny amount of time Republican capitalism has instantly erased centuries of poverty and en masse liberal starvation. Only a liberal could be so stupid, brain dead, and blind enough to not understand it.
actually they switched to capitalism 30 years ago. What planet have you been on????
and are staring at a serious socieconomic crisis in the next 15 years. False growth leading to an ever sluggish economy, bad investments, massive environmental issues, the rise of Maoism, they are approaching an upheaval from the working class... I could go on, but I don't think you know anything about China, so why bother.
too stupid, who would believe you of all people have a crystal ball???????
Galbraith's crystal ball:
For example, who can forget his infamous 1984 quote that the communist system in the former Soviet Union was superior to capitalism because, according to Galbraith, the communists somehow made better and more efficient use of its "manpower" than did the West? Indeed, to the very end, Galbraith was a socialist impersonating an economist.
John Kenneth Galbraith, an intellectual icon of the Old Left and New Left, said of the Soviets overtaking of Poland after World War II: Russia should be permitted to absorb Poland, the Balkans, and the whole of Eastern Europe in order to spread the benefits of Communism (Emphasis added).