Re:China is the manufacturing superpower
by tokioyoyo on Saturday January 04, 2025 @11:21AM
(#42595630)
I generally agree, but “China is doomed because autocracy” has been on the media since 2000s. There’s been literally two new generations of people that have been born. The country seems fairly stable as of now.
1) Autocracies are fundamentally unstable and need extreme violence to prevent dissent and dissolution. Autocrats basically steal from people at the bottom who in turn are less incentivized to give their best performance. Democracies are much more stable due to acceptance by most people who live in them and much more fair sharing of profits.
2) Due to their inherent instability, autocracies have a very high incentive to fake numbers.
With this background, I think your arguments are for the trash can.