(1) I'm still not convinced that the Chinese economy will overtake the rest of the world based on sheer size, along their current trajectory. Again, they are very largely dependent upon western economies, and this was/is by design. Of course, they are attempting to diversify, but only history will tell if they are successful. To enumerate a bit more on the "points" against them:
A) large population which, despite 1-child-rule, will require a very large support of resources 30-40 years from now once this population (i.e. current labor force) reaches non-productive stage. The US has experienced something similar with the "baby boom" now reaching this stage. It's really just simple arithmetic.
B) Already, pollution/overcrowding is occurring. Much of their population is in the major cities. How is this going to look in 30-40 years?
C) Social/political stability: Once these laborers start educating, gaining more wealth-- are they going to be happy living in the current social situation (as laborers)? From what I understand, there's a lot more political/social unease in China then we're probably being led to believe.
D) Relative lack of natural building and food resources -- speaks for itself.
All of this has to assume the nation will be stable, while resisting balkanization, etc for the next 30-40 years. Again, I'm not necessarily convinced sheer numbers of population is going to be a great thing for them. Central planning generally tends to be a bitch and a drain especially when you get into the billions. ;)
(4-5) I don't doubt there are some things like kinship bias, but really, if we can allow the driving force to be capitalism (I mean, true capitalism, not "corporatism"), then really the best people tend to get hired. For instance, if I'm starting a company, right now, I'm hiring 4 people I can think of and only one of them is white. Race has nothing to do with it, unless you are a very bad business person. All else being equal, you'll never outpace your competition like this. Sure, cronyism exists, which is what you're talking about, but that system will fail over time (this doesn't exclude the US if we go /continue to go down that road).
Again, I'm not denying there are any issues like this in the US, its just not the prevailing tendencies, in my opinion. Edit: I'm not claiming that the US has a perfect system either; far from it. But we'll save that for another discussion, deal?
Edited 1 time(s). Last edit at 08/25/2017 03:18PM by Jib.
