"Sean Malone--So... For years, I have been told that China is going to take over the world, because no matter how many examples demonstrate otherwise, people seem to inherently believe that a strong government commanding an economy is more efficient and leads to bigger gains than a free, unplanned economy.
To an extent, I get this sentiment... Because why would anything that isn't planned out by "experts" be better than something that is?
Except... The premise is flawed.
Politicians can't plan anything, and the very nature of a government with that kind of power leads to the worst possible incentives and a chronic disrespect for individual human lives.
And as a result, we see that societies like that do not actually thrive at all.
And so, whenever something goes wrong, they risk total collapse.
Pay attention to these kinds of moments, because they expose the cracks and flaws in a system that everybody is busy saying dominates us all.
They said the same thing with the USSR, and with Italy/Germany under fascism.
How can we compete with countries that have "scientifically" coordinated cultures and economic activity?
Easy.
That kind of coordination is a lie.
Don't believe it.
China will only succeed if its government stops treating individuals like cattle.
Until then, they are ways going to be teetering on the brink of destruction."
China spent the crucial first days of the Wuhan coronavirus outbreak arresting people who posted about it online and threatening journalists
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