> Many would have said the same thing about the USSR.
What do you mean, exactly?
China isn't the USSR: they're not wedded to central planning. They've figured out how to use capitalism while keeping it squarely under their control. Arguably, they're playing the "capitalism" game more successfully than "capitalist" countries like the US.
When you compare the US to China, it's the US that looks sclerotic, like the USSR once did.
Once of America's big weaknesses is a common lazy assumption we'll always be at the top, so we don't respond to challenges until its too late. Then we tell ourselves some reassuring story and comfort ourselves by gazing at one of the few remaining industries where we're still ahead. I'm pretty sure if the US and China got into a conflict, the US would get its ass kicked like the Nazis and Japanese did during WWII, and for similar reasons.
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> Many would have said the same thing about the USSR.
What do you mean, exactly?
China isn't the USSR: they're not wedded to central planning. They've figured out how to use capitalism while keeping it squarely under their control. Arguably, they're playing the "capitalism" game more successfully than "capitalist" countries like the US.
When you compare the US to China, it's the US that looks sclerotic, like the USSR once did.
Once of America's big weaknesses is a common lazy assumption we'll always be at the top, so we don't respond to challenges until its too late. Then we tell ourselves some reassuring story and comfort ourselves by gazing at one of the few remaining industries where we're still ahead. I'm pretty sure if the US and China got into a conflict, the US would get its ass kicked like the Nazis and Japanese did during WWII, and for similar reasons.