The fallacy of western economics II; China Breaks the mould
So back to the subject of economics as a whole; the rise of China illustrates that even if the “rules” and “laws” of economics, immoral as they may be, are to be endorsed and accepted as the pragmatic indispensable evil, they seem to only work if nations are in total control of all aspects of the economy; including the manufacturing base, and when this fundamental base is lost, the whole economy turns into jelly.
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