The lost one of the 1920s which resulted in everything since
The potential one that China seems most capable of achieving as it sheds the market structures it used to build up its industrial capacity
I don't know Matt's view on China's growth but there's still room for that second attempt and they have the best of an industrial and agrarian economy combined. It'd certainly help if the US or Europe suddenly became socialist, but they don't have that same dependency on a larger or more advanced partner because they're the largest and most advanced country in the ways that matter.
That's by far the most doomer shit I have ever heard. What about China? Does Matt not think a revolution is possible any more?
There are two socialist futures:
The lost one of the 1920s which resulted in everything since
The potential one that China seems most capable of achieving as it sheds the market structures it used to build up its industrial capacity
I don't know Matt's view on China's growth but there's still room for that second attempt and they have the best of an industrial and agrarian economy combined. It'd certainly help if the US or Europe suddenly became socialist, but they don't have that same dependency on a larger or more advanced partner because they're the largest and most advanced country in the ways that matter.
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We just saw large scale violent revolt like 3 years ago (BLM).
We will surely see more. Especially if trump comes back to power. Lmao.
He's expressed optimism about China. He's definitely said between China and the US, you have to root for China.
But China is also on a tightrope.