Message from @Rickard
Discord ID: 510246973199220751
Ur comparing totally different economic standards
if u look 100 years ago
we werent earning said wages either
100 years ago we were farmers and so were they. Now neither of us are and neither of us are in the industrialization stage
if u look at china, in a span of approx 30 years or so they went from averaging a wage of 1$ a month+- to 700$+ a month for lowskilled labour
in the west there is far more capital in place already. the factory already exists, and the workers are already educated and trained. there is already a highway, a rail line, a cargo port. it's already there, no additional investment required. in africa they have not invested in capital. they have instead spent whatever gains they have made.
also, there are strong institutions in the west. police, legal systems, regulatory bodies. none of that exists in africa, making investment (both foreign and domestic) far riskier. someone can just rob you, extort you, etc.
Frankly i think all of this has more to do with geographical location and the fact that nearly the entire world has set foot in europe
this book covers the problems in great detail
in relation as to why we ended up getting ahead
Because our people chose to focus on institutions, science and commerce etc. Many of these countries does not, or focuses on completly different development such as personal gain (corruption) and power disputes.
And now we in the west has started focusing on helping everyone but ourselfes. Very interesting.
the chinese have had massive growth because they have been investing in capital and infrastructure at an absurd rate (mostly driven by their capital controls). they have also been sending their kids overseas to get educated, and soliciting all sorts of foreign investment. also doesn't hurt that government officials charged with corruption can get executed.
as far as i know, western europe was still clubbing eachother to death in pure tribal mode whilst further east they were developing civilization
Why then is it that the entire political and economical system in china is corrupt..?
implying it isnt here? lol
Yes
most certainly not in the same manner and extent
Well i would say we are getting rather close to the same manner and extent
and political & economical corruption is most definitely happening all over the place in the west
Do you see police district chiefs in 'battles' with their regional governments over some investment dispute?
I assume you have not studied the real situation of Chines affairs?
forgot to add, im from europe, im talking about a european perspective mind u
I am Swedish my self..
define battles
Not as in guns vs guns, but severe powerstruggles resulting in complete political removal
the yeah ive seen that happen
over things that should not have been in the first place
one big one in the 90s
But is it the norm in wester society? i would surely say no
not over investments, but over political corruption
I would say it is, because its inevitable when you are required to lobby the government to get anything done
I can not say the same about the situaiton in Sweden..
Perhaps i have assumed that the generall standards in the west were simmilar
Well im not gonna claim my country is the same as china that would be a bit too much
but were getting closer to what china does in regards to the EU
i agree on that
That aside, there is rampant corruption in my country
and everyone knows it
its not hidden
its done openly
Which county is this?
belgium