Global Economic Intersection
Advertisement
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
Global Economic Intersection
No Result
View All Result

America: It’s the Political System, Stupid!

admin by admin
June 24, 2011
in Uncategorized
0
0
SHARES
25
VIEWS
Share on FacebookShare on Twitter

mao-zedong  Guest Author:  Frank Li (Bio at end of article)

I have already identified the root causes of America’s decline as (1) the rise of China and (2) the incompetence of our political system, especially when compared with China’s. (See Diagnosis for America:  Cancer!).  While (1) is out of our control, (2) is not.  So let’s study a little bit of China’s political system, shall we?

I. What is the political system in China?

Here is an excellent article: “Who will be China’s next leaders?”  It tells you everything you need to know about China’s political system as well as its next leaders.  Here are four highlights from the article:

(1)       System: “It is a dictatorship without a dictator.”

(2)       Leadership:  The next leaders (in 2012) will be President Xi (57) and Premier Li (55).

(3)       Politicking:  “In this system, everyone is acting, everyone is fake, so we cannot really tell.”

(4)       Class:  “In the 1950s, Mao was trying to forge a classless society, but in the Beijing compounds where the families of senior officials lived, there was a highly stratified sense of status – the schools you went to, the shops you could visit and the car your family drove all depended on your exact-position in the bureaucratic hierarchy.”

 

II. The Chinese system explained in an American way

(1)       System: Imagine we have a 1-party system in America, with the Republican Party in charge and without the burden of any election outside the party.  It’s not ideal at all, but will we be better off that way?  This, roughly put, is China’s system today!  Now, what was China’s system under Mao (1949-1976) with the country being dirt poor? Imagine the same 1-party system in America, but replacing the Republican Party with the Democratic Party!

(2)       Leadership:  The next leaders in China have been long prepared by the current leaders, in a way similar to the GE way.  How can the fortuitous leaders in America (e.g. President Obama and Sarah Palin) possibly compete against these Chinese leaders? Showmanship aside, President Obama is far shorter in experience and track records!

(3)       Politicking:  This point may look ugly and foreign to an American, until you hear Joe Biden talking …  On July 10, 2010, Joe appeared on the Jay Leno show and said something like this:  “Over the years, I have learned not to question people about their motives – just look at the things on the table (e.g. a proposed legislation) and deal with them.”  I was stunned upon hearing that:  Joe is unreal, because motivation is often where I start in analysis (as I learned from CBS’s CSI).  Then I realized Joe could have been telling the truth (as he often does, awkwardly):  There is only one true motivation among Joe’s friends and foes:  getting themselves re-elected and everything they do is motivated by this!  So if they would all question each other about the motivation, life would have stopped right there and right then!  In other words, it is the “don’t ask, don’t tell” thing in American politics that Joe accidentally revealed to the world!  How long shall we allow our politicians to fool around like that?  Still unconvinced?  Listen to Mayor Bloomberg:

 

 

(4)       Class: Mao’s class structure in politics still exists in China today. But it matters a lot less to the ordinary Chinese because of the new opportunities created by capitalism.  Oh, America today is a class society more than China in many ways.  Three examples:

a.         Lying to Congress:  It’s a serious crime.  But some Congressmen (and women) routinely lie to us, with no repercussion whatsoever.

b.         Cop killer:  Cops are more precious than ordinary people.  So a cop killer deserves a more severe punishment than a murderer killing ordinary people.

c.         Permanent welfare recipients:  They get a living, without work, from those who work for a living.  Called “parasites” in China, they can vote in America!

 

III. Closing

Everything is relative, including the political systems.  While the Chinese system has many endemic problems of its own (e.g. lack of basic democracy), it has fared far better than ours over the past two decades.  As a result, unless we adapt and change soon, China will surpass us as the largest economy by 2030, thus ending America’s leadership not only economically, but also politically.

How can we avoid that?  Recognize and accept my diagnosis of cancer and start treating it seriously!

Related Articles

What’s the Real Cost of the Iraq War?  by Frank Li

10-Point Democracy Manifesto by Frank Li

Tiananmen Square by Frank Li

The Answer is Democracy; The Question is Why by Frank Li

My Country is in Trouble by Frank Li

Diagnosis for America: Cancer! by Frank Li


About the Author

Frank Li Frank Li is the Founder & President of W.E.I. (West-East International), a Chicago-based import & export company. Frank received his B.E. from Zhejiang University (China) in 1982, M.E. from the University of Tokyo in 1985, and Ph.D. from Vanderbilt University in 1988, all in Electrical Engineering. He worked for several companies until 2004, when he founded his own company W.E.I. Today, W.E.I. is a leader in the weighing industry not only in products & services, but also in thought and action. Dr. Li writes extensively and uniquely on politics, for which he has been called “a modern-day Thomas Jefferson” (see page 31).


 

Previous Post

Europe in Trouble

Next Post

Weak Defense

Related Posts

South African Reserve Bank Condones Friendly Behavior With Crypto
Business

South African Reserve Bank Condones Friendly Behavior With Crypto

by John Wanguba
August 19, 2022
China Slashed Holdings Of U.S. Treasuries For 7th Month
Business

China Slashed Holdings Of U.S. Treasuries For 7th Month

by John Wanguba
August 19, 2022
Tencent Wants To Divest Meituan Stake Valued At $24B
Business

Tencent Wants To Divest Meituan Stake Valued At $24B

by John Wanguba
August 19, 2022
Nigeria Targets Millions Of New eNaira Users As It Adds Features, Goes For Unbanked
Economics

Nigeria Targets Millions Of New eNaira Users As It Adds Features, Goes For Unbanked

by John Wanguba
August 18, 2022
Dogecoin Gained 50% In 3 Weeks, What Pushed It?
Econ Intersect News

Dogecoin Gained 50% In 3 Weeks, What Pushed It?

by John Wanguba
August 17, 2022
Next Post

Weak Defense

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins banking banks Binance Bitcoin Bitcoin adoption Bitcoin market Bitcoin mining blockchain BTC business China Coinbase crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum finance funding inflation investment market analysis markets Metaverse mining NFT NFTs nonfungible tokens nonfungible tokens (NFTs) price analysis regulation Russia technology Tesla the UK the US Twitter

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • August 2010
  • August 2009

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized
Global Economic Intersection

After nearly 11 years of 24/7/365 operation, Global Economic Intersection co-founders Steven Hansen and John Lounsbury are retiring. The new owner, a global media company in London, is in the process of completing the set-up of Global Economic Intersection files in their system and publishing platform. The official website ownership transfer took place on 24 August.

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Recent Posts

  • South African Reserve Bank Condones Friendly Behavior With Crypto
  • China Slashed Holdings Of U.S. Treasuries For 7th Month
  • Tencent Wants To Divest Meituan Stake Valued At $24B

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

No Result
View All Result
  • Home
  • Contact Us
  • Bitcoin Robot
    • Bitcoin Profit
    • Bitcoin Code
    • Quantum AI
    • eKrona Cryptocurrency
    • Bitcoin Up
    • Bitcoin Prime
    • Yuan Pay Group
    • Immediate Profit
    • BitIQ
    • Bitcoin Loophole
    • Crypto Boom
    • Bitcoin Era
    • Bitcoin Treasure
    • Bitcoin Lucro
    • Bitcoin System
    • Oil Profit
    • The News Spy
    • British Bitcoin Profit
    • Bitcoin Trader
  • Bitcoin Reddit

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

en English
ar Arabicbg Bulgarianda Danishnl Dutchen Englishfi Finnishfr Frenchde Germanel Greekit Italianja Japaneselv Latvianno Norwegianpl Polishpt Portuguesero Romanianes Spanishsv Swedish