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Letters by a modern St. Ferdinand III about cults

Gab@StFerdinandIII -

Plenty of cults exist - every cult has its 'religious dogma', its idols, its 'prophets', its 'science', its 'proof' and its intolerant liturgy of demands.  Cults everywhere:  Corona, 'The Science' or Scientism, Islam, the State, the cult of Gender Fascism, Marxism, Darwin and Evolution, Globaloneywarming, Changing Climate, Abortion...

Tempus Fugit Memento Mori - Time Flies Remember Death 

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Monday, September 1, 2014

China's Communist Corruptocracy - eventually they all fail

Without political and economic pluralism, China will falter

by StFerdIII


Chinese Communist power brokers believe that without the mailed fist of the state, that China will devolve into war and anarchy. The opposite of course will be proven as true. If you do not allow for market forces in politics, economics, business and finance, the state will be riven with corruption, fraud, conflict, and internal dislocations. The energy of the Chinese political-economy will have to be liberated. This is also true of the American. China and America seem to be converging on a corruptocracy of massive government funding its 'corporate' and political allies and repressing everyone else.

Perhaps Thomas Friedman or Barry Soetoro [Barry Obama], can opine on the wonders of unfettered government and communist power.  I doubt that the 'folks' of Hong Kong, whose demonstration for democracy was recently crushed, would agree that unlimited cult power is a positive.  Unleash the beast of Chinese individuality, pluralist politics and private capital and the country would soar. This is anathema to leftist geniuses and sundry mental incompetents

WSJ: “The threat to Hong Kong's capitalism comes not from democracy, but from the cronyism and erosion of the rule of law that are infiltrating from the mainland. Businessmen may want to curry favor with politicians, but it is competition that drives capitalist prosperity. Beijing foolishly believes that turning Hong Kong into a paradise for oligarchs will make it easier to control.

Beijing's real motive for Sunday's decision is fear that a demonstration of democratic success in Hong Kong would spread to the mainland. The Communist Party's approach to the territory turned harsher after Xi Jinping became chairman of the Party committee on Hong Kong affairs in 2008. So it is no surprise that as supreme leader he continues to take a hard line against democracy.” link

The biggest threat to China is not Hong Kong's idea of 'democracy' or pluralist politics, but the unbelievable accumulation of new debt by a centralized despotocracy. Historically, debt laden states which impeded private markets, political expression and individuality, imploded. The Chinese might want to revisit history.   

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