12-28-2016, 09:48 PM
(12-28-2016, 06:37 PM)Eric the Green Wrote: No doubt, China has become more prosperous than it used to be because of our own neo-liberalism. We outsourced our industry to China. Everything is made in China. Thank you, neo-liberalism!
Basically, although China is now closer to the prosperous bulge and is in the process of losing the work to south and southeast Asia.
Quote:You might notice though, that China is about equal with the USA when it comes to inequality and distribution of wealth. It's former communist ideals have not been applied to this situation. Dung Chou Peng was a red ronald reagan, and the results show. Neo-liberalism benefits the wealthy only. Revolution of some kind, whether successful or not, will come to both countries; USA in the 2020s and China in the 2030s. I predict it!
Certainly the billionaires benefit disproportionately. After all, they have ten times as many people from whom to extract profits now.