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@ DissentWatch
2025-05-23 04:12:51
The Secret Sauce of Chinese Industrial Success, by Hua Bin
From The Unz Review
In standard western economic textbooks, state planning and market competition are mutually exclusive. Thatcher and Reagan brought western capitalism into the neoliberal phase by claiming “Government is not the answer. Government is the problem”, putting market fundamentalism on the altar. On the other side, Soviet central planning proved rigid and wasteful, leading to the eventual…
May 22nd 2025 12:15am EDT
Source Link: https://www.unz.com/bhua/the-secret-sauce-of-chinese-industrial-success/
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