China On The Cross-Road : Challenge Ahead

......."Historically, nations that opted for capitalism see their incomes rise, but they also experience an economic stratification in which some people do better than others, causing resentment and if the gap is wide enough, political unrest.

At the same time, history tells us that societies in which capitalism flourishes have been incompatible with authoritarian government control.

So far, China has been able to finesse these internal contradictions.

The question is how long it can do so and avoid embodying the worst of both systems; the brutality that laissez-faire capitalism can inflict on those at the bottom economically, and the rigidity that authoritarianism uses to stifle political change.".............

Enjoy reading this Peter Brown's column, in the Real Clear Politics

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