[extropy-chat] Futurist priorities was ex-tropical
Rafal Smigrodzki
rafal at smigrodzki.org
Tue Mar 2 17:42:38 UTC 2004
The Avantguardian wrote:
But I can
> solidly conclude from analysis of the following data
> that China is definately NOT a failure.
>
> Population: US = 290 million, China = 1.29 billion,
> Winner = China
> GDP: US = $10.45 trillion, China = $5.99 trillion,
> Winner = US
> GDP per capita: US = $36,300, China = $4,700,
> Winner = US
> GDP real growth rate: US = 2.4%, China = 8.0%,
> Winner = China
> % below poverty: US = 12.7%, China = 10.0%, Winner
> = China
> %GDP held by poorest 10%: US = 1.8%, China = 2.4%,
> Winner = China
> %GDP held by richest 10%: US =30.5%, China = 30.4%,
> Winner = US?
> Inflation rate: US = 1.6%, China = -0.8%, Winner =
> China
> Unemployment: US = 5.8%, China = 10.0%, Winner = US
>
> data source:
>
> http://www.cia.gov/cia/publications/factbook/geos/ch.html
>
>> From these 9 economic indicators, I have to conclude
> that China is beating us 5 to 4. I therefore would not
> by any means call China a failure. I find some of the
> more interesting results of my analysis to be that
> despite a higher percentage of unemployment in China,
> a smaller fraction of their population is
> impoverished. There seems to be less of a discrepancy
> between richest rich and the poorest poor in China.
> Moreover by my calculations, assuming that growth
> rates remain unchanged, China's GDP will exceed ours
> in 10.4 years.
### Tellingly, all these numbers came *after* the end of communist economic
policies in China. If anything, China is a poster boy for the free market,
not central planning.
-----------------------------
> Under the unethical way that so called "free
> enterprise" is allowed to flourish in this day and
> age, Adam Smith's proverbial invisible hand has become
> a sinister tool of the ruling class that
> surreptitously picks the pockets of the middle class,
> squeezes the life blood from the poor and pummels its
> dissenters.
### Yeah, yeah, we heard it before, silly commie rhetoric.
Rafal
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