15 October 2014
“China’s Biggest Gamble: A Summary”
In the essay “China’s Biggest Gamble” Henry Blodget addresses the acceptance and priority from the people in the current government idealization. People from china worried more about the ability to produce money than freedom of expression. By speaking to business people he concluded that money production is their priority. Their economy can succeed without democracy and freedom for now. It’s something citizen’s want in the future. The economy is a priority, an average person can easily accept the situation as long as the government doesn’t mismanage their needs. Clearly for the economy to continue expanding and be as powerful, they need a more efficient system and less corruption.
China is in need of improvement in their current system in places where government relation is not essential for money production. Eventually the evaluation for a Chinese version of capitalism will happen if the crash for a new system is to occur in the future. A majority of china claims if an election is taken, current leaders would win the votes. If a revolutionary change is to occur, blame would be given to a group of people, not the system because public pressure can probably be controlled. As long as the government unmerited negative treatment can be tossed out, it will be controlled.
Blodgett makes a very valid prediction of what could occur in China within the next coming decades. It is no one's job but the government of China to reduce the corruption going on in their country and get their priorities straight so that the economy doesn't collapse, leading to further complications. Hopefully there are people working on this issue in China and they understand the consequences of their actions as well as take in consideration all the possible outcomes that could happen the way Blodget does. ...
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