#6 of 6: China’s Orwellian Capitalism Versus Socially Free Capitalism
In this sixth piece of the series, I attempt to put all of the pieces together.
- This is a game for the US to lose.
- If American politics – the “G” of macro ESG fails in a stimulus spending appropriations failure – then then US markets could take a deep hit.
- American elites might find themselves pushed into a corner so America may respond with inciting political instability in China through starting border skirmishes.
- If the US is capable of building a coalition of the leading democracies – then China is also in trouble because China is a big buyer of advanced machines and tools which could be withheld as China mainly a low-margin low-value added assembler of high value-added designs.
- China’s risk is that might not be able to ascend to become a higher value-added tech society because political dissent is illegal and property rights are capricious.
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