Thanks for the link Mike.
Warning.... a Glort type post follows.... I will call it Glorting.
The Chinese are the worlds leaders in hitech now.
Recently I enquired on Alibaba about Nickel/Iron batteries from a Chinese manufacturer and got some very interesting chat from the lady responding to my questions.
The chinese government are very forward thinking, and have very good incentives for R and D and innovation. This NiFe battery manufacturer, because these are a non toxic item, ripe for further development, have their sales tax and export costs fully reimbursed to encourage and help fund further "green" research and development.
This is much better than the corrupt one way extraction of money by western governments.
Many good aspects of a communist system is a direct result of the long lifetime of the governing body, we dont have the fiasco of a new ruler dismantling decisions made by a previous government just a few years prior, as we see happening in the US right now. This instills far more long term confidence in the manufacturing sector, change is unlikely, and large investments in the future are much less risky.
I happen to like that system, rather than this silly western crap we have now where empty promises are continually made then broken.
The Chinese are in for the long haul, and this demands great respect.
I think it is painfully obvious that this capitalistic "democratic" system of ours is a failure.
Democracy to me is like a committee, where so many compromises are made that NOONE gets what they originally needed or wanted.... a weak watered down policy thats really not fit for purpose.
After all, few have any problem working under the non democratic and dictatorial factory manager or retail shop, where you are TOLD what hours you will work, and what you will be paid. The business in question would not survive otherwise.
Running a country is also a business..... the treatment of workers from a government likely to be very much fairer than from a greedy self entitled western businessman who can shift his financial responsibilties to tax havens and have his workers paid with tax paid benefits, top ups and foodstamps.
The Chinese are investing heavily in solar, wind, and nuclear fusion, no doubt helped by the ongoing but rapidly decreasing pollution problems. What makes this possible is their system of consistent and reliable government, using the vast resources only a government can provide. The West is in a slow and painful decline.
China has risen from poverty to a superpower, in just a few decades.
To me, this is good proof of an efficient system, despite its many flaws, that appears to work well.