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In China, Unlike Trump’s America, Political Legitimacy Is Built On Competence And Experience

Summary:
China’s experience may usher in a paradigm shift from “democracy versus autocracy” to “good governance versus bad governance.” A positive article about the Chinese political system. The ancient rulers felt the need for good governance is they were to retain their positions, so they rule for the people. The disasterous communist experiment has faded and China returned to its traditional system of governance but with some democratic elements. In its meritocracy, where only the best and most talented politicians rise to the top, who will then go on to provide good governance.In our system, we have the wealthy elites running the show who have never had to serve society, only themselves. It's these wealthy oligarchs who control our politicians.Mark Curtis Tweet UK elite society is a big

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China’s experience may usher in a paradigm shift from “democracy versus autocracy” to “good governance versus bad governance.”


A positive article about the Chinese political system. The ancient rulers felt the need for good governance is they were to retain their positions, so they rule for the people. The disasterous communist experiment has faded and China returned to its traditional system of governance but with some democratic elements. In its meritocracy, where only the best and most talented politicians rise to the top, who will then go on to provide good governance.

In our system, we have the wealthy elites running the show who have never had to serve society, only themselves. It's these wealthy oligarchs who control our politicians.

Mark Curtis Tweet


UK elite society is a big revolving door, between media & govt, military & corporations, corporations & state. UK functions more as a private club than a country. It's an oligarchy. With democratic elements but which are largely a facade. Pretence of "democracy" keeps us in line.


These two points help us better understand why the Chinese sense of legitimacy is vastly different from the Western one. China is not a typical nation-state but rather a deeply historical and civilizational state. It is an amalgam of the world’s oldest continuous civilization and a huge modern state with its sense of legitimacy rooted deeply in its history. An apt analogy would be to something like the Roman Empire, if it had endured into the 21st century ― with regional and cultural diversities, a modern economy, a centralized government and a population nearly equal to that of 100 average-size European nations combined, speaking thousands of different dialects while sharing one written language.

Huffington Post

In China, Unlike Trump’s America, Political Legitimacy Is Built On Competence And Experience

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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