this post was submitted on 11 Aug 2023
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im not an expert in political economy, but if you read the article he goes into a lot of specific reasons why china is still in a great position in regards to the future, although it will take responsible leadership that pushes back against mainstream neoclassical economics.
Neoliberalism has been a failure for the actual population. It's decoupled economic growth from improved quality of life. Meanwhile, social democracies in Europe are showing that other models are practical and viable.
What European country is pursuing greater social democracy? From Finland to France, the age of European social democracy seems increasingly over