Hi 98cwitr,
True, and yet we see that in those times government regulation fostered American economy, rather than placate it.
I'm not sure what it is that you're referring to as specific government government regulations that may have been in force at the time, that are not in force now. American government regulations have always generally fostered a healthy American business atmosphere. However, as the world grew up and America began this lust for foreign domination in business and financial matters I can't imagine that other nations wouldn't want to grab a piece of the pie. There's an entire world out there. People, God-likeness created people who want to live and breath as much as you do. China wants to be global player much like America has been. Why not? What makes America so special to the Chinese? I remember in the days that my comment was referencing that we generally complained about how poorly made Japanese products were. Well, they took note and made improvements and minded their quality control and wound up producing much better automobiles than we were producing, which forced American automakers to make better vehicles. Remember the K car from Chrysler. The falling headliners of many, many GM automobiles. The crappy mechanical longevity of American made cars. Japan made us get better at making them. We should be thanking Japan that they started to eat our lunch and we took note and got better at our production quality. Now, the issue is with China. Friend, listen, I don't know how much life you've lived, but when you're the top dog, everyone wants to take you down a notch or two.
However, just as with Japan in the 70's, their imported goods to the U.S. and other parts of the world provided incomes and food for their families and today Japan is still a pretty solid manufacturing nation. China, with all of its billions of people just wants to come and sit at the economic table and personally, I don't see anything wrong with that or why we should deny them their place if they're willing to do the work. They aren't putting America out of work! We are still the largest economic powerhouse with the greatest per capita income of pretty much any nation on the planet...except for maybe Kuwait or Dubai.
Why am I reading this as both a defense and promotion of communism?
Listen, communism is a form of governance that really isn't what China is following economically. Their political machine may proclaim a type of communism, but they aren't really living true communism. True communism is pretty much dead. About the only place that really practices it is N. Korea and they're suffering every day because of it. No, I don't associate the movement of goods and services around the globe as supporting any particular type of government. Trust me, the people in other countries that buy American goods aren't buying because they support Democracy. There was a time that Russia practiced pretty hard line communism, but even they have softened on the communism part of what makes a government communist. Yes, they don't freely elect their leader, but then neither does Great Britain. China does elect a lot of their lower government officials, as does Russia. Russia holds parliamentary elections.
So, I don't much concern myself with the name calling of governmental systems. Personally, I thought most of that died off with McCarthyism.
Gotta work. Write more later.
God bless,
Ted
