Solomon2
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I'll be very interested to see how it goes.I'm not saying one system is better than the other. I even said, democratic governments pander to popular opinion on certain issues, likely public welfare and social security, but even China, at the regional level, also have local elections to deal with day-to-day domestic issues and the Chinese Government respond to public outrage on health and safety issues. It's just a different system of checks and balances, and, obviously, China still has a way to go, but it won't necessarily follow the Western system.
I think we have a great deal of accountability in the U.S. The Federal Reserve is not so much, because in the 19th and early 20th centuries it was not considered a good idea to let the government-of-the-day exclusively control public credit, nor let completely independent banks do so. Yet the Fed doesn't control taxation, interest rates, war, or trade; it controls credit creation and smooths market operations, and its chief is accountable to Congress. The system seems to have served the U.S. well for the past thirty years at least, and China has also been a great beneficiary of the Fed's credit creation.What I was saying is that on the really crucial matters like taxation, interest rates, who we trade with, who we go to war with, etc., the average person, be they a citizen in China, or an American, have no actual say on these matters. The idea of true democratic accountability to the people is just a clever facade, especially, when you have a Federal Reserve, owned by private bankers, that does not allow itself to be audited, and open itself to public scrutiny.
I think it's a bit too early for me to judge.The issue of what's better is moot as it's a horses for courses situation.
The Athenian system failed because the Athenians failed to extend the concept of citizen rights beyond their city-state and embraced rapacious and genocidal materialism. The Roman Republic failed due to class war.The myth that democracy is the BEST system is propogated because of today's Westernistic hegemony. Historically, there is no evidence: Firstly, democracy is not a historic concept: Athenian was different from British. Secondly, people have preferred other systems, Roman Empire was more prosperous than the Republic.
In both cases the failure to adopt democratic values as universals doomed the system.
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