I see no reason why Hong Kong wouldn’t generalise or why I should dismiss growth theory. History shows that there are many different ways to successfully industrialise. It also shows us that some ways are terrible.

Your point on the legal system, especially regarding China, is well taken but I fail to see how eminent domain is against anything I’ve said. I’m not aware of a legal system without eminent domain though the circumstances under which the government can take your stuff and the compensation available for it vary markedly.

Changing voltage from 110 to 220 may have been a good decision but industrial policy has resulted in many disasters, from the backyard steel furnaces of Mao’s Great Leap Forward to Ghanaian cocoa farmer’s pulling up their crops because the price the state controlled cocoa board gave them for it made farming it not worth the labour. Industrial policy increases the variance of economic growth as bureaucrats make decisions for an entire country. Sometimes it works, sometimes it doesn’t.

Regarding investment in infrastructure I never said anything against it though the experience of the Soviet bloc and other communist countries does not lead me to believe it’s sufficient for good outcomes.

I do not believe democracy is necessary but I don’t see how market capitalism isn’t. Nothing else works anywhere near as well. Communism on the Soviet model seems sufficient to get to middle income and market socialism on Yugoslav lines might be superior but nothing approached capitalism’s record at lifting people out of poverty.