Does Capitalism create a higher standard of living?

godkiller

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This is a heated debate in intellectual circles buI capitalism certainly can bring wealth. An odd case study is Saudi Arabia. They're a mix between socialism and capitalism.
 

Camile.Bidan

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It appears that the answer to that is yes, but I don't think that it's more complicated than that.

people will point to so-called "Most capitalist" nations like Singapore and Hong Kong, and say " Look at the massive transformation!", "look at the their standard of living" "look at their GDP per capital!"

How much of that is really because of capitlism? You could look at China back during the "Red" years and observe a stark difference between Mainland China and its Capitalist Satellite nations like Hong Kong, Taiwan and Singapore. And yes, the difference between China and the other Chinese Nations has narrowed since the China switched to a market-based economy, which I guess would support the idea that Capitalism provides a higher standard of living.


But what about the other dozen nations in Asia? What about them? Why is there such a huge difference in the standard of living between them and the Chinese nations (forget about Korea and Japan for minute)? Is it really just because of economic systems?


For the answer, I ask this-- Who has the highest standard of living and the most wealth in Every nation in East Asia? It's always the Chinese. From Indonesia, to Cambodia, Mongolia, or Phillippines. The richest and wealthiest groups of people are always, without exception, exclusively Chinese. When they formed their own nation (like singapore), it seemed like a very high national standard of living would naturally follow. The story is the same in America, Chinese had higher levels of education, More wealth concentration than any other group (besides Indians), and some of the highest test scores. In America, they outperform the same ethnic south east asian ethnic groups that they seem to dominate in East Asia, so the overall National economic system doesn't really seem to matter.


So, I don't think Capitalism is the only driver of better standard of living. There is also Group-dynamic that seems to be ignored. Chinese culture and maybe Chinese people may just simply have an edge over other groups, and no economic system will ever change that. No free market system will equalize the differences between Chinese and South East Asians. I think this is same case with many other group differences. Capitalism will mostly benefit a few select groups, and that is what we have seen in history. Capitalism may lift everyone up, but it will definitely lift some people up more than others.


When I really think about it, these group differences present a very strong cases for socialism and welfare. I think certain groups are just handicapped by culture and history, and that they will never be able to compete with a group like the Chinese without 'help".
 

The Real

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It appears that the answer to that is yes, but I don't think that it's more complicated than that.

people will point to so-called "Most capitalist" nations like Singapore and Hong Kong, and say " Look at the massive transformation!", "look at the their standard of living" "look at their GDP per capital!"

How much of that is really because of capitlism? You could look at China back during the "Red" years and observe a stark difference between Mainland China and its Capitalist Satellite nations like Hong Kong, Taiwan and Singapore. And yes, the difference between China and the other Chinese Nations has narrowed since the China switched to a market-based economy, which I guess would support the idea that Capitalism provides a higher standard of living.


But what about the other dozen nations in Asia? What about them? Why is there such a huge difference in the standard of living between them and the Chinese nations (forget about Korea and Japan for minute)? Is it really just because of economic systems?


For the answer, I ask this-- Who has the highest standard of living and the most wealth in Every nation in East Asia? It's always the Chinese. From Indonesia, to Cambodia, Mongolia, or Phillippines. The richest and wealthiest groups of people are always, without exception, exclusively Chinese. When they formed their own nation (like singapore), it seemed like a very high national standard of living would naturally follow. The story is the same in America, Chinese had higher levels of education, More wealth concentration than any other group (besides Indians), and some of the highest test scores. In America, they outperform the same ethnic south east asian ethnic groups that they seem to dominate in East Asia, so the overall National economic system doesn't really seem to matter.


So, I don't think Capitalism is the only driver of better standard of living. There is also Group-dynamic that seems to be ignored. Chinese culture and maybe Chinese people may just simply have an edge over other groups, and no economic system will ever change that. No free market system will equalize the differences between Chinese and South East Asians. I think this is same case with many other group differences. Capitalism will mostly benefit a few select groups, and that is what we have seen in history. Capitalism may lift everyone up, but it will definitely lift some people up more than others.


When I really think about it, these group differences present a very strong cases for socialism and welfare. I think certain groups are just handicapped by culture and history, and that they will never be able to compete with a group like the Chinese without 'help".

So now you feel your own Southeast Asian side is inferior, too? Has the front of the head finally caught up with the back?
 

Camile.Bidan

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It appears that the answer to that is yes, but I don't think that it's more complicated than that.

people will point to so-called "Most capitalist" nations like Singapore and Hong Kong, and say " Look at the massive transformation!", "look at the their standard of living" "look at their GDP per capital!"

How much of that is really because of capitlism? You could look at China back during the "Red" years and observe a stark difference between Mainland China and its Capitalist Satellite nations like Hong Kong, Taiwan and Singapore. And yes, the difference between China and the other Chinese Nations has narrowed since the China switched to a market-based economy, which I guess would support the idea that Capitalism provides a higher standard of living.


But what about the other dozen nations in Asia? What about them? Why is there such a huge difference in the standard of living between them and the Chinese nations (forget about Korea and Japan for minute)? Is it really just because of economic systems?


For the answer, I ask this-- Who has the highest standard of living and the most wealth in Every nation in East Asia? It's always the Chinese. From Indonesia, to Cambodia, Mongolia, or Phillippines. The richest and wealthiest groups of people are always, without exception, exclusively Chinese. When they formed their own nation (like singapore), it seemed like a very high national standard of living would naturally follow. The story is the same in America, Chinese had higher levels of education, More wealth concentration than any other group (besides Indians), and some of the highest test scores. In America, they outperform the same south east asian ethnic groups that they seem to dominate in East Asia, so the overall National economic system doesn't really seem to matter.


So, I don't think Capitalism is the only driver of better standard of living. There is also Group-dynamic that seems to be ignored. Chinese culture and maybe Chinese people may just simply have an edge over other groups, and no economic system will ever change that. No free market system will equalize the differences between Chinese and South East Asians. I think this is same case with many other group differences. Capitalism will mostly benefit a few select groups, and that is what we have seen in history. Capitalism may lift everyone up, but it will definitely lift some people up more than others.


When I really think about it, these group differences present a very strong cases for socialism and welfare. I think certain groups are just handicapped by culture and history, and that they will never be able to compete with a group like the Chinese without 'help".
 

godkiller

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It appears that the answer to that is yes, but I don't think that it's more complicated than that.

people will point to so-called "Most capitalist" nations like Singapore and Hong Kong, and say " Look at the massive transformation!", "look at the their standard of living" "look at their GDP per capital!"

How much of that is really because of capitlism? You could look at China back during the "Red" years and observe a stark difference between Mainland China and its Capitalist Satellite nations like Hong Kong, Taiwan and Singapore. And yes, the difference between China and the other Chinese Nations has narrowed since the China switched to a market-based economy, which I guess would support the idea that Capitalism provides a higher standard of living.


But what about the other dozen nations in Asia? What about them? Why is there such a huge difference in the standard of living between them and the Chinese nations (forget about Korea and Japan for minute)? Is it really just because of economic systems?


For the answer, I ask this-- Who has the highest standard of living and the most wealth in Every nation in East Asia? It's always the Chinese. From Indonesia, to Cambodia, Mongolia, or Phillippines. The richest and wealthiest groups of people are always, without exception, exclusively Chinese. When they formed their own nation (like singapore), it seemed like a very high national standard of living would naturally follow. The story is the same in America, Chinese had higher levels of education, More wealth concentration than any other group (besides Indians), and some of the highest test scores. In America, they outperform the same ethnic south east asian ethnic groups that they seem to dominate in East Asia, so the overall National economic system doesn't really seem to matter.


So, I don't think Capitalism is the only driver of better standard of living. There is also Group-dynamic that seems to be ignored. Chinese culture and maybe Chinese people may just simply have an edge over other groups, and no economic system will ever change that. No free market system will equalize the differences between Chinese and South East Asians. I think this is same case with many other group differences. Capitalism will mostly benefit a few select groups, and that is what we have seen in history. Capitalism may lift everyone up, but it will definitely lift some people up more than others.


When I really think about it, these group differences present a very strong cases for socialism and welfare. I think certain groups are just handicapped by culture and history, and that they will never be able to compete with a group like the Chinese without 'help".

Why the fukk are you still posting here, you lame racist cac?

You're basically saying that race is the reason people are poor, even though the Chinese are the same race as most South East Asians.Your posts alternate between insulting blacks and insulting other non whites'. In this post you say that SE Asians will never succeed without latching onto Chinese because SE Asians are inferior to Chinese, which is the same argument white supremacists make for blacks and whites. In fact I've heard this very same argument with the words "Chinese" replaced with "white" and "SE Asian" replaced with black. You switched them in order to avoid censure here. What a coincidence.You're worst than @Anti Hero, @Brown Ant, and the rest. They were all banned. @Brooklynzson , when will this tried-and-true st0rmfr0nt troll be banned? @concise , do you have banning powers breh?

And by the way, the Chinese were once riddled with poverty. It's only since they started feteing with capitalism that they've experienced real material growth.
 
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Camile.Bidan

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So now you feel your own Southeast Asian side is inferior, too? Has the front of the head finally caught up with the back?


It's the truth. Chinese have a culture that is superior to many other cultures in the world. The proof is in the pudding. I don't subscribe to that pathetic euphemistic garbage called relativism. It's not just Chinese. It's other groups like Mormons, Jews, Ethiopians, and so-on. It's better to learn and adopt from cultures that create winners, than to hold on to a "loser" culture just because it happens to be one's own.
 

godkiller

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It's the truth. Chinese have a culture that is superior to many other cultures in the world. The proof is in the pudding. I don't subscribe to that pathetic euphemistic garbage called relativism. It's not just Chinese. It's other groups like Mormons, Jews, Ethiopians, and so-on. It's better to learn and adopt from cultures that create winners, than to hold on to a "loser" culture just because it happens to be one's own.

The Chinese study and work hard relative to some others, which only makes up a portion of their "culture". And even then their Mao communist society did not equal wealth. It's a misnomer to ascribe traits to culture when that makes up only a small percent of what the Chinese actually do. There's no reckoning the SE Asians cannot do the same and the Chinese won't do the opposite in the future. Your asserted that Chinese people were the cause for Chinese wealth, which is what you really meant to say anyway. That ascribes an ethnic not a cultural cause.
 
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