Paphitis wrote:I thought Tsuk was referring to my link.
I am guessing it was to the link I posted based on the references to Plato in it (and many other philosophers)
Paphitis wrote:The essay you posted did not make much sense to me at all.
No it is not easy and I certainly do not understand it all let along reached a view as it if I agree with it or not but I do think there are some interesting ideas in in. From the bits I think I do grasp I think the author is suggesting that China have not just adopted some western free market ideas but actually are developing a 'new model' that is neither communist nor western free market. One that is a 'genuinely idealistic vision of paternalistic government' and legitimate. So he says of legitimacy
A government is legitimate if and only if the people generally believe that:
(a) Policy is fair (b) Policy is optimal.
By fair we mean reasonably compatible with prevailing moral ideology.
By optimal we mean performing at least as well or better than that all fair alternatives.
By performance we mean increases in the public good, especially economic growth.
And argues that western systems meet criteria but fail on criteria b. He further argues that the Chinese system based n the ' Scientific Development Concept' adopted in 2007 as official policy there meets the requirements of a (without democracy) and b much better than the west does.
Instead of democracy, China employs policy experts, today generally scientists and engineers, who optimize policy in order to maximize goals such as economic growth subject to the fairness constraint, the popular support constraint. Chinese officials are not allowed to use terror, which is egregious "despotic power", such as that employed by Joseph Stalin or Mao Zedong (In Scientific Development Concept see "harmonious" & "liberal").
In the last thirty years these experts have delivered an average annualized GDP growth rate of 10%, approximately matching the "Japanese post war economic miracle", but outclassing it given size and starting point differences. It is an unparalleled achievement, and just as Lipset predicts, Chinese government is consequently hugely popular with the Chinese masses and politically stable.