Re:Alibaba founder Jack Ma steps out from shadows with long ...
by redserk on Thursday April 11, 2024 @10:00AM
(#40002247)
Regardless, China figured out some formula that has been incredibly successful the last couple decades. While I have doubts about this approach being sustainable, hindsight is 20/20 and we can’t predict the future.
Re:Alibaba founder Jack Ma steps out from shadows with long ...
by qwerasdf5 on Thursday April 11, 2024 @12:00PM
(#40003648)
The "formula" was capitalism, introduced by Deng Xiaoping, which lifted hundreds of millions of Chinese out of poverty.
However, Deng also introduced China's 1-child policy (decidedly not capitalism), which is now beginning to seriously strain the system. The future is indeed uncertain.
The other day a guy was complaining about being in jail for a time and how unfair it was that he had a criminal record. Lots of open minded people praising him.
Then a new user called him out for trying to get with a 12 year old. Yikes.