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Why China Clings to State Capitalism (Excellent summary of China problem)
RealClearPolitics ^ | Robert Samuelson

Posted on 01/12/2019 5:44:23 AM PST by RoosterRedux

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To: PeterPrinciple

>>what do we need politicians for?

Creating a fair system for markets and private property. And there are reasonable public works.


21 posted on 01/12/2019 7:35:42 AM PST by FreedomPoster (Islam delenda est)
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To: FreedomPoster
I was taught as a child (working for my Dad), in business school, and in my career that the best businesses are those who shove the decision making responsibility as far down the chain of command as possible.

In marketing, this means all the way down to where the company is in contact with the consumer. Only then can the "real" boss, the consumer, clearly communicate what he wants and needs.

That is, of course, free market capitalism.

Taking it a step further, that same decision principle can be used in manufacturing and other processes.

Only the man on the assembly line really knows the real answers as to how the machinery is best run to optimize production. And only the production men in concert with purchasing agents, accountants, front line marketeers and QC can really make the best decisions as to the optimum use of materials.

Companies that makes such decisions in the C-suite end up making the mistakes like those recent ones of Mary Barra and GM.

22 posted on 01/12/2019 7:39:40 AM PST by RoosterRedux
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To: RoosterRedux

This article is very incorrect.


23 posted on 01/12/2019 8:31:18 AM PST by gunsequalfreedom
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To: gunsequalfreedom

Can you be more specific?


24 posted on 01/12/2019 8:47:17 AM PST by RoosterRedux
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To: PeterPrinciple
And if economics cannot be controlled, what do we need politicians for?

A court system, property rights, the rule of law, roads, defense from foreign enemies.

There may not be much the government is needed for, but we do need it.

25 posted on 01/12/2019 8:52:48 AM PST by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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To: Sirius Lee
Fascists. They went from full commie to full on fascist. And it is the model that the NWO would like to shackle the rest of the world to - only with unelected bureaucrats from Brussels running things instead of the politburo.

Fascism is right. Especially after Emperor Eleven (XI in Roman Numerals) declared that he was Fuhrer for Life.

26 posted on 01/12/2019 11:14:05 AM PST by CDB
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To: GingisK

We should stop trading with our new cold war enemies. So I totally agree.


27 posted on 01/12/2019 5:00:10 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: RoosterRedux

Who do these Chinese communists think they are? Democrats?


28 posted on 01/12/2019 11:21:48 PM PST by minnesota_bound
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