China's Valley of Tears
Is authoritarian capitalism the future?
Modern-day China is not an oriental-despotic distortion of capitalism, but rather the repetition of capitalism's development in Europe itself. In the early modern era, most European states were far from democratic. And if they were democratic (as was the case of the Netherlands during the 17th century), it was only a democracy of the propertied liberal elite, not of the workers. Full Story »
Posted by Kaizar Campwala
