georgephillip
Diamond Member
Your link:230,000 Died in a Dam Collapse That China Kept Secret for Years | OZYOf course he does. He lives in his mommy’s basement and thinks China’s government is much better than America’s.You're actually defending the communist dictatorship of China? Really?China is the oldest continuous civilization in human history; what do you think about that?Of course he does. He lives in his mommy’s basement and thinks China’s government is much better than America’s
What is China's State Capitalism, Anyway?
"Capitalism is the best thing that ever happened to mankind.
"For example, capitalism has created unprecedented prosperity in the West over the past 200 years.
"In case you did not know, it was capitalism that propelled the West ahead of China about 200 years ago.
"State capitalism is the best thing that ever happened to China.
"For example, it is state capitalism that has got some 600 million Chinese out of abject poverty over the past four decades, in a fashion (e.g. speed and scale) totally unprecedented in human history!
"The image below is worth more than 1,000 words
"Capitalism, like everything else, must be balanced with a counter force, such as socialism.
"In other words, while capitalism creates extra-ordinary wealth for the able and lucky folks, socialism provides the less fortunate with a safety net, thus creating and maintaining a 'harmonious' society, for which China has been striving over the past few thousand years.
"For more, read this classic piece: Loop Theory - Capitalism vs. Socialism."
"By the time night fell on Aug. 8, as many as 65 area dams had collapsed.
"But despite the fact that water levels at the Banqiao Dam had far exceeded a safe capacity, and a number of sluice gates for controlling water flow were clogged with silt, authorities felt confident they’d skirt disaster.
"After all, the Soviet-designed dam had been built to survive a typhoon — a once-every-1,000-year occurrence that could dump 11 inches of rain per day.
"Unfortunately, Typhoon Nina would prove to be a once-every-2,000-year storm, bearing down with enough force to cause the world’s deadliest infrastructure failure ever."