Posted by: rudra prasad upadhya July 3, 2006
disastrous US policy
Login in to Rate this Post:     0       ?        
"As China is starting to capitalize, there has been a huge disparity of cash distribution in China" Nobody's arguing with your because your argument is pure and utter baloney. USA also has a pretty big disparity in term of cash distribution, but you cannot deny that America is an economic powerhouse. Guess what, China's economic model used to be completely in sync with communism, and it got them nowhere. Prachanda and Co have in fact accused China of not staying true to Mao Zedung's visions. T Only after Deng Xiao-Ping reformed China's economic system, and made it more capitalistic did China see any real economic improvements. Some Chinese cities have already topped the "most expensive cities" list. In other words, capitalism is working wonders in China. If you're going to use China to bolster your argument, then you may want to explain why Deng Xiao-Ping and Co decided to reform China's economy. India is opening up as well. The crux of the matter is that Communism sounds good on paper, but in practice is a total failure.
Read Full Discussion Thread for this article