Why China got rich and India didn't(davidoks.blog) |
Why China got rich and India didn't(davidoks.blog) |
Though the cotton mill productivity does challenge the idea that it’s genetics or something inherent. Interesting problem for sure.
India's diversity is not its strength -whereas China's relative homogeneity allows for easier governance.
India's federation is not its strength either. India's central government, unlike the Chinese, cannot unilaterally execute national plans.
On the other hand, India’s progress continues to be hobbled by deep-rooted social challenges, including religious extremism, caste-based inequality, utter breakdown of civic culture, social fragmentation, linguistic chauvinism and regional rivalries.
Forced order or complete chaos. Choose your pick.
It is still true today as Lky said 50ish years ago. The bureaucracy of India is federalized yet overly centralized.
When the city governor must ask for permission to their own money from the federal when yet they are so far away, there is nothing efficient. The powers are yet so powerful yet blind at the same time.
https://en.wikipedia.org/wiki/List_of_administrative_divisio...
What should India do to beat China?
Invest in education?
Exterminate millions of its own (undereducated) population in meaningless wars and poorly–planned public works?
Make their women burn their bras?
Switch Communism in for Hinduism and end Democracy?
Other than the first, I think I'd rather bow down to China.
China calls it “iron and salt” I think. The state makes very large investments in infrastructure and helps build huge globally competitive conglomerates in strategic and bedrock industries. The state builds the “iron.” Then it allows the free market to do the “salt,” because while big state enterprise is good at doing stuff like mass steel production or the three gorges dam it’s horrible at making consumer goods or filling small niches.
(The USSR tried to have the state do the iron and the salt.)
America started doing this in a big way with the railroads. Then came roads, aviation, petroleum, electrification of the entire country, bringing clean water and sanitation to the whole country, huge public works projects, the interstate highway system, the space program, DARPAnet, and so on.
Then we stopped doing this kind of bedrock investment, being sold on the idea that it’s not necessary. Then we lost our lead in all industries except… the ones we still do this in like aerospace.
Where's environmentalism and financializationn in all this?
We didn't "just" stop. We didn't close all those steel plants and whatnot for fun.