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A comment on How to get rich in the 21st century. Parent comment

Re:How to get rich in the 21st century by wslh on Wednesday January 03, 2024 @07:04AM (#38853123)
But we can also say that China, which is not a democracy, dramatically increased their middle class [1]. This is not an anti-democracy advocacy but I think we should understand the big picture. In this context, we cannot see democracy as an static thing and try to evolve.

[1] "The Evolution of Middle Class Chinese Outbound Travel Preferences: An International Perspective": https://www.researchgate.net/publication/262789226_The_Evolu...

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Re:How to get rich in the 21st century by anovikov on Wednesday January 03, 2024 @07:12AM (#38853182)
They did so by destroying their environment, and ultimately, themselves. Their reproduction rate is at best half of minimally sustaining level. It's not nearly as bad in any free country, they literally ate their own soul in pursuit of rapid economic growth pushed by dictators longing for world domination.
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Re:How to get rich in the 21st century by gruez on Wednesday January 03, 2024 @08:26AM (#38853778)
>They did so by destroying their environment

Isn't that a stage that all countries go through? Before the EPA the environment in the US was probably just as bad.

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Re:How to get rich in the 21st century by AnimalMuppet on Wednesday January 03, 2024 @08:36AM (#38853871)
I don't think China is a counterexample (yet). They have yet to show that they can get beyond the "middle income trap".

South Korea, Japan, and Singapore might be counterexamples, though.

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Re:How to get rich in the 21st century by randomdata on Wednesday January 03, 2024 @08:52AM (#38854021)
> China, which is not a democracy

While China is generally considered the least democratic country in the world, it does exhibit some glimmers of democracy. Democracy is most certainly not a binary state.

Regardless, China is still quite poor compared to peer countries. Maybe that will change someday, but it is a long road ahead.

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Re:How to get rich in the 21st century by snowpid on Wednesday January 03, 2024 @09:09AM (#38854211)
Though democratic elements can be found in authoritarian regimes China is a bad example. Russia was a better example, maybe Singapur. But not China.
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