Sunday, January 20, 2013

Chinese model

In today's NBC "Meet the Press", "Chinese model" was raised for discussion. Everyone dreams to have full democracy and high income growth. In reality, no political system can provide such dream for everyone in this highly competitive world. An elitist authoritarian system such as "Chinese model" may give rise to better economic growth but its insidious kleptocracy may lead to simmering social unrest.

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