37 sats \ 5 replies \ @Undisciplined 13 Mar \ on: You wake up as Xi tomorrow. What are your moves to save China? libertarian
This is the only interesting way to answer the question, in my mind. I'm a little rusty on my knowledge of the situation in China, so I'll just outline my strategy.
The problem is that more liberalization will often come at the expense of other powerful CCP members. The solution is to either bribe them outright to go along, or find some other way to make sure they benefit financially: that could be something like non-controlling shares in competitors to the "company" they used to operate as a monopoly.
Another approach would be going back to the Special Economic Zones experiments. Choose the most politically expedient area first and radically liberalize it. There would probably have to be some sort of first mover advantage granted to party insiders. Then move on to the next most politically expedient area and convert that to a SEZ.
tl;dr Radical liberalization + insider trading
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The problem is that bicoiners are too cheap to fund such an endeavor. It's hard to overcome the hodl mentality.
Maybe Saylor will do something like that.
Another approach would be going back to the Special Economic Zones experiments. Choose the most politically expedient area first and radically liberalize it.
So more freedom to Hongkong, then Shenzhen, then Shanghai etc?
When I think of these approaches it makes me think of the perverted incentives of gaps between artificial zones (geographical or other). E.g. Kowloon City: 1. 2.
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I was thinking of creating new SEZ's, but I'm also in favor of increasing the freedoms within the existing ones. The key to making it palatable, is letting the party insiders know it's coming well in advance, so that they can profit from it. Hopefully, that's enough incentive for them to not assassinate me.
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