Re:What Does Evergrande Meltdown Mean for China?
by hnfong on Thursday September 23, 2021 @12:36PM
(#28631539)
At the height of its influence, the British Empire was not meaningfully democratic in the modern sense. Sure, England was democratic (kind of), but all their colonies were just authoritarian governments.
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Re:What Does Evergrande Meltdown Mean for China?
by anovikov on Friday September 24, 2021 @12:15AM
(#28638555)
What matters is the absolute GDP level. As soon as you go post-industrial (demand for manufactured goods tapers off because there are enough of them for everyone), authoritarianism works worse and worse.