[ExI] China model vs. US model

[Samantha Atkins]

On Nov 10, 2011, at 7:38 PM, Joseph Bloch wrote:

> Especially in light of the recent discussion, I thought this article
> was interesting:
> 
> http://www.washingtontimes.com/news/2011/nov/9/beijing-blueprint/?page=all#pagebreak
> 
> The focus on the article is the relative strengths of weaknesses of
> China's political dictatorship vs. the US's political pluralism, but
> the common thread seems to be the fact that both seem to be sharing a
> common economic system.
> 
> Perhaps just as we speak of "democratic socialism", we might need to
> enlarge our vocabulary to also include "democratic capitalism" and
> "autocratic capitalism". Or would the latter simply be "fascism"?
> 

Or hey, you could do something really shocking.  Don't assume that government has any legitimate role in economics and economic transactions except a minimal number of laws and dispute resolution.   Let the economic ecology find its own balance and let all intelligent beings be free to produce and trade and keep the fruits of their labors to the maximal extent possible without having to get any permissions from non-producers and governments.

- s