The Chinese and their practice of collectivism versus individualism I'm referring to is placing the needs of the group ahead of the needs of the individual. You might notice that the Chinese are predicted to surpass our economy sometime this century. This is why I think we need to rescue the inner cities from another generation of despair, and wasted human capital. Originally Posted by Bert JonesThe Chinese economy won't be passing us for any reason other than there are about 1.2 billion of them and 300 million of us. So, they have about 4 times as many people.
Even if each of them has, on average, about one third of the wealth of the average American, their economy will be still bigger.
But their per capita wealth will still be a fraction of ours.
And the only reason they have grown as much as they have is they stopped putting so much emphasis on the collective and started letting people have more economic freedom. It is amazing how much more productive people are when they can keep what they earn.
Oh, and since you are talking about how much China puts the interests of the group ahead of the individual, you might want to look at the way they are turning their entire country into a toxic cesspool in order to grow the economy. They will be moving hundreds of millions inot the cities from the countryside over the next 30 years and in they are becoming an environmental wasteland in the process.