There are two competing global philosophies that will determine the 21st century 1) Socialism with Chinese Characteristics 2) Making an grumpy face because you don't like the Chinese
I'm long on China but short on Socialism
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"Socialism, but China-style" is a Deng Xiaoping joke.
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I am betting (in the medium term at least) that China is going to upstage the west not just in raw alien capitalism but in Protestant cultural capitalism, both because China loves subreligious belief and because it would be even more maximally humiliating to the west.
End of conversation
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