Who Has the World's No. 1 Economy? Not the U.S


#21

L’anglais est une langue laide


#22

It’s merely a difficult one to master. That is why you hate it. You haven’t the ability to master it.


#23

But not as ugly as Sociaism


#24

We are a Republic. That keeps democracy in check.


#25

The key difference between a democracy and a republic lies in the limits placed on government by the law, which has implications for minority rights. Both forms of government tend to use a representational system — i.e., citizens vote to elect politicians to represent their interests and form the government. In a republic, a constitution or charter of rights protects certain inalienable rights that cannot be taken away by the government, even if it has been elected by a majority of voters. In a “pure democracy,” the majority is not restrained in this way and can impose its will on the minority.

Most modern nations are democratic republics with a constitution, which can be amended by a popularly elected government. This comparison therefore contrasts the form of government in most countries today with a theoretical construct of a “pure democracy”, mainly to highlight the features of a republic.


#26

We long ago evolved away from that constitutional republic that was established. The founders would be amazed to see the democratic socialist state that the US has become.


#27

All socialist parts of America are all failing, Detroit, Chicago, California, Camden, etc… these are facts


#28

Agreed. I wonder how many Americans are aware that democracy isn’t even mentioned in the Declaration of Independence or the subsequent Constitution???

In the Republic, the wealthy, elite, property owning white men would vote, and control the government.

At its birth, the United States was not a democratic nation—far from it. The very word “democracy” had pejorative overtones, summoning up images of disorder, government by the unfit, even mob rule. In practice, moreover, relatively few of the nation’s inhabitants were able to participate in elections: among the excluded were most African Americans, Native Americans, women, men who had not attained their majority, and white males who did not own land.


#29

I see another barn burner from the departed socailists

Bill if youre still reading , you are aware that China opened up Economic Zones , which is basically free market prinicipals

Ive said this before , the best thing Chairman Mao did for China was

HE DIED

Deng Xiaoping, Mao’s successor open up the Chinese Market , introducing Western style Capitalism and China hasnt looked back

Its funny Cuba, North Korea no capitalism ( Although Cuba is slowly bringing it in) But North Korea hasnt, and look where North Korea is compared to South Korea?

Look where Cuba is…

Socialism is a bad idea period


#30

China is also embracing elements of regulated capitalism and is growing a middle class. China does not have socialized medicine. Like some of america you either pay for your healthcare on the spot or you purchase health insurance.


#31

Regulated Capitalism, okay

Well every form of Capitalism has been regulated since the Industrial age, has there been a time where Capitalism was unregulated?

In some countries there were less regulations and some more than it should and created a mixed economy which is what most of the free world is.


#32

Sorry, I had meant to link Bill as I was directly responding to his op.

Yes capitalism is more or less regulated from time to time and place to place. China considers themselves a socialist market economy, while many westerners describe them as having a state capitalism.


#33

China and the pundits can call it whatever they want , the bottom line is Mao’s marxist leninist philosphy didnt work

Deng Xiaoping opened up China to market principal and changed China forever.

They are a mixed economy with marxist Leninist political philosophy , Or Chinese Crony capitalism mixed with a huge emphasis on government control and central planning

China is unique.


#34

Yeah, we’re way past chairman Mao.


#35

Yes, I don’t see much difference between that and the commentary I’ve made in this thread on the subject.


#36

Want to see where the economy works? Go to republican towns in Kentucky, Arkansas, Alabama! Texas! All are working in UNREGULATED towns, all have skills to engineer a farm. That’s where America works, the happiest people are the freeiset people.!


#37

same thing different names for their economy


#38

Against conventional wisdom, we take the end of 1976 as the start of post-Mao reform and argue that China basically became a market economy by the end of the 90s before it joined the World Trade Organization in 2001.


#39

sorry jack, the only unregulated town/city in America is Slab city in California, a hippie type of commune.

Regulations exist , one of the side effects of cronyism.

Regulations work if it provides law and order, property and individual rights.

Regulations that impedes economic growth is a bad thing and should be challenged.


#40

The most socialist towns in America are alll failing and sending us back thousands of years to barbaric times, high murder rates, can’t speak English, some are police states treating citizens like zoo animals… thank good we have history books that will stop the movement cold. Why trump is president right now