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theadvancedapes  ·  3519 days ago  ·  link  ·    ·  parent  ·  post: John Oliver, Edward Snowden, and Unconditional Basic Income

    I don't see China as socialist, however. Their stability is also a very open question. They have a young government that has changed drastically in its short history.

China is currently built on authoritarian capitalism - a model adopted from Singapore. The TPP is an example of authoritarian capitalism spreading to North America as well - which should be our biggest cause of concern at the moment. But in the future I think China will undergo enormous economic change due to automation. Most Chinese labour (especially factory labour) can be done with robotics/AI.