The commentary is a detailed analysis done with a 'watchful wait approach' explaining, evaluating & persuading the authoritarian Communist government within the most desirable rule of law for all humans on the planet earth.
The worst untreated scars would be Communist dictators' policy foibles & excesses keeping in mind the world view to be attended by President Xi Jinping, President of the People's Republic of China with a broader perspective of pandemic crisis & fall out of the world economy.
Although, two scenarios are incomparable, there is a striking similarity in making not one but all wrong decisions leading to COVID- 19 deaths in India after the thali bajao disaster, failure to procure enough COVID-19 vaccines in 2020 & thereafter, anaemic healthcare infrastructure re-expose the hollowness of PM Modi's fake loudspeaker announcements having lost sanity for once & all. Most visibly & convincingly, defeats the goals & vision of Indian democracy, providing no relief to overcome feelings of huge defeats of trauma in various forms ie; families of survivors in pandemic & devastating, disparate economic impact of COVID-19 unprecedented in its scale of economic, social, political & other human losses.
Last three prudential concluding paragraphs, in reliability, strive for better decision-making by the Chinese Govt. President Xi Jinping highlights the past history of state vs decentralised decision-making, "Socialism with Chinese characteristics is red-toothed capitalism in sheep's clothing. Capitalist economies adopt, sooner or later, formal democracy, which allows for decentralised decision-making and the appearance of individual liberty and equality before the law. Creative destruction, the lifeblood of capitalism, cannot flow with its torrid force when all economic decisions are as per state guidance.
Capitalism flourished under authoritarian regimes, true, in Germany, Italy, Indonesia, Korea, Brazil and Chile. But, after a point, the contradiction between animal spirits and the urge of authoritarian regimes to tame them broke the regimes.
China thinks it will prove an exception. It thinks slogans of common prosperity will legitimise the regime. The pandemic illustrates the fallacy of this make-believe" and sums up China's zero-COVID strategy, leaving the entire world strangled, in an extreme anti-economic stance of globalisation with overall growth for all, and therefore left to die its own death.
The opinion brings out the hearts and souls of the world economy with an urgent need to lift the sagging spirits of citizens across the globe. I hope President Xi Jinping understands the seriousness of his wrong decision-making - zero-COVID strategy.
Dear Mr TK Arun,
The commentary is a detailed analysis done with a 'watchful wait approach' explaining, evaluating & persuading the authoritarian Communist government within the most desirable rule of law for all humans on the planet earth.
The worst untreated scars would be Communist dictators' policy foibles & excesses keeping in mind the world view to be attended by President Xi Jinping, President of the People's Republic of China with a broader perspective of pandemic crisis & fall out of the world economy.
Although, two scenarios are incomparable, there is a striking similarity in making not one but all wrong decisions leading to COVID- 19 deaths in India after the thali bajao disaster, failure to procure enough COVID-19 vaccines in 2020 & thereafter, anaemic healthcare infrastructure re-expose the hollowness of PM Modi's fake loudspeaker announcements having lost sanity for once & all. Most visibly & convincingly, defeats the goals & vision of Indian democracy, providing no relief to overcome feelings of huge defeats of trauma in various forms ie; families of survivors in pandemic & devastating, disparate economic impact of COVID-19 unprecedented in its scale of economic, social, political & other human losses.
Last three prudential concluding paragraphs, in reliability, strive for better decision-making by the Chinese Govt. President Xi Jinping highlights the past history of state vs decentralised decision-making, "Socialism with Chinese characteristics is red-toothed capitalism in sheep's clothing. Capitalist economies adopt, sooner or later, formal democracy, which allows for decentralised decision-making and the appearance of individual liberty and equality before the law. Creative destruction, the lifeblood of capitalism, cannot flow with its torrid force when all economic decisions are as per state guidance.
Capitalism flourished under authoritarian regimes, true, in Germany, Italy, Indonesia, Korea, Brazil and Chile. But, after a point, the contradiction between animal spirits and the urge of authoritarian regimes to tame them broke the regimes.
China thinks it will prove an exception. It thinks slogans of common prosperity will legitimise the regime. The pandemic illustrates the fallacy of this make-believe" and sums up China's zero-COVID strategy, leaving the entire world strangled, in an extreme anti-economic stance of globalisation with overall growth for all, and therefore left to die its own death.
The opinion brings out the hearts and souls of the world economy with an urgent need to lift the sagging spirits of citizens across the globe. I hope President Xi Jinping understands the seriousness of his wrong decision-making - zero-COVID strategy.
#PrudentAsAlways #HammeringTheChineseGovernment #WhyAuthoritarianRuleOfChinaIsDamagingForWorld #ImportantAndUrgent #ActionOrientedSuggestions #Learnings
Best regards,
Vandana