So if it doesn't implode, that makes it a good idea?
So if it doesn't implode, that makes it a good idea?
So yes I think it's completely absurd to suggest they've achieved anything short of remarkable success with their system of development and governance. But the question is what will happen in the process of this success and whether the path they've taken is sustainable or not. Is their growth indeed on the current exponential it seems to be on? A sigmoid where this wildly exponential growth will start to level off, or perhaps even something like a bell curve where the rapid ascent will be met by a comparably rapid decline?
I think unforeseen consequences, both negative and positive, are a major part of how societies develop. We in general have nowhere near the foresight we like to image we do. And in particular, I'm more inclined to attribute China's success to their systems in large part because the only thing as large an outlier as their success is their governmental system. And the timing also fits quite well. If it's just e.g. open markets then it leaves you having to explain why China is thriving whereas most other developing nations following the WTO playbook have relatively little to show for it.
It's not possible to identify a unifying thread among countries that try to follow the WTO playbook that fail. Some fail because a totalitarian minority control a valuable natural resource. Some fail because of irreconcilable differences between nations (races) sharing the same political state. Still there are many other reasons.