Tuesday, August 19, 2008

Chinese Capitalism versus American Plutocracy

In the article, Kuznet and Cohen make good sense. Having a man with a brain in the White House is a tremendous asset. Dealing with the brain of Putin, Bush became his poodle. McCain will fight anyone to the last drop of American blood.
Using authoritarian means, the Chinese have constructed the best capitalist economic growth engine on earth. Why? They execute corrupt officials who impede economic growth.
By contrast, the US has rewarded corrupt corporate and government officials until they have bled the country dry. The authoritarian leadership suppresses the citizens through ignorance, poverty and intimidation that impede and distort the capitalist system.

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