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Comment by bjshepard

If you understand the population distribution in the PRC, have spent time in a Tier 2 or Tier 3 city, and think deeply about economic growth, the idea that the Chinese economy could "crash" is laughable: there is a vast pool of emerging customers that will continue to fuel growth over the foreseeable future. The question is whether global trends, especially related to climate change driven instability, will interfere in the emergence of the socialist/communist market economy. If you find a contradiction in the conception of a socialist/communist market economy, check Dominic Losurdo's "Has China Turned to Capitalism?—Reflections on the Transition from Capitalism to Socialism" published in the March 2017 issue of International Critical Thought.
parent bjshepard 9 years ago

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