I'm envious of China's ability to define long term goals and execute them somewhat competently... In democracies politicians only care about reelection, and most people's voting patterns do not take long term strategy into account. Quite the opposite: short term profits and benefits are favored above all else.
China’s rare earth strategy was formulated roughly 40 years ago — this in itself is an advantage of a one-party system. Almost all nations that experienced rapid economic takeoff were built on one-party rule, strongman leadership, or authoritarian governance — such as South Korea, Japan, Vietnam, and Singapore... Taiwan had Chiang Ching-kuo, South Korea had Park Chung-hee, and Singapore had Lee Kuan Yew. At least in Asia, this pattern seems to hold true.
> China’s rare earth strategy was formulated roughly 40 years ago
what a joke! Just 8 years ago, there were hundreds of rare earth companies all fight against each other by pushing prices to the very bottom destroying any possible profitability of the business.
as of today, Americans would end up in jail for working for some random Chinese companies in so called sensitive sectors, but American companies can freely hire Chinese rare earth engineers.
is that the strategy you mean? lol
That's why democracy is wrong path. Crowd is stupid and easy to manipulate.
There should be hierarchy. 100 men should vote for one who will rule over them. 100 level one rulers should vote for one who will rule over 10 000 men. And so on.
Imagine all Amazon workers to vote for Amazon CEO. It does not happen.
Interesting idea. Trying to find an angle where it could all go wrong but it seems vastly better than crap we get now. More personal responsibility it seems.
I would add that rotate those every 2 years maybe. But then there needs to be mechanism for some long term efforts to sustain velocity.
This just sounds like middle managent hell.