Dave Frightens Me wrote:
On 29 Jul 2006 20:19:34 -0700, "Tchiowa" wrote:


Dave Frightens Me wrote:
On 27 Jul 2006 17:19:02 -0700, "Tchiowa" wrote:
Again you demonstrate a basic lack of understanding. Capitalism didn't
"beat" Communism. Communism/Socialism failed all by itself. Socialism
is a fatally flawed theory and any attempt to implement it will always
fail over time. That has been proven over and over again.

The opposite is currently being demonstrated in the PRC.

Excuse me?????? The PRC is growing quite rapidly now. But there are
apparently 2 things you are unaware of.

'quite rapidly'??? They can barely control it!

The first is that the Chinese government has allowed private ownership
of industry and it is those businesses that are driving the growth.
That's called "Capitalism".

It's the only freedom the people have.

True enough. But the point is that it is the Capitalism that is
allowing the growth. Cut out the Socialism and the pent up demand
explodes into rapid growth.

In other words, you just proved my point.

The second is that if the growth continues then eventually the people
will rise up and throw out the last of the Communists and Socialism
will end. If not, then they will reach a point where the economy
plateaus and it will be "way" below the level of the West.

Yeah, yeah, sure. I've heard the same said about the USA, but the
other way round. When it happens I'll come back here and give you
credit for predicting it.

Well we won't have to worry about that because at the current
comparative rates of growth it will take China most of a century to
catch up to the US.