47 sats \ 2 replies \ @stack_harder 16h \ on: China's Growth Numbers: The Art of Economic Theatre econ
the clockmaker is heading straight to the gulag
reply
It is true- the CCP know that without consistent economic growth and the belief in an ever brighter future they are at real risk of removal.
The Mandate of Heaven is perhaps a more efficacious form of governmental incentive that liberal western democracies increasingly farcical 'elections'.
In the wests democratic theatrics the corporate sponsors are almost always in charge of which ever political party is nominally elected into power.
In China the government still directs capital.
In the west capital, has for decades, directed your government.
reply