Are #Western #Failures Fueling #China’s #Rise? #Democracy #Autocracy & #State #Survei…

Source: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A6816411114004373504

Are #Western #Failures Fueling #China’s #Rise? #Democracy #Autocracy & #State #SurveillanceCapitalism: #Tale of #Two #Systems: Bloomberg LP https://lnkd.in/ewMQprt:

Our #WhitePaper to #US #Senate: Beyond #SurveillanceCapitalism: https://lnkd.in/esrZU9Q : #Command & #Controls #Survival & #Sustainability in Post-COVID19 World: https://lnkd.in/e-HWihB:

“As underpinnings of the #Democratic #Systems are being called into question, China is holding out its #model as a thriving #alternative. Over the past four decades, Beijing has increasingly asserted its power on the global stage and it is now on course to become the world’s biggest economy two years sooner than predicted pre-pandemic. For China, this success legitimizes its #model as an alternative to the liberal values of the west…”

“The world is undergoing #changes unseen in a century and now it’s time for #major #development and #major #transformation…”

“But for the US and its allies, this authoritarian blueprint is seen as a threat to their democratic ideals…”

“Democracy doesn’t happen by accident, you have to defend it, fight for it, strengthen it, renew it. We have to prove that our #model isn’t a relic of the history…”

“We used to think that the US-China #competition was mainly about #economic #ledership or mainly about #military #primacy… Clearly it’s a #competition of #systems as well and whether those #systems can perform adequately in the 21st century.”

“And the #global #pandemic and its #aftershocks have only heightened tensions between these #competing #systems.”

“The 2008 #Financial #Crisis seemed to call into question multiple aspects of the #international #system at once… it certainly called into question the allure of the US #economic #model which was seen to have caused the #crisis in the first place. It raised the possibility that #authoritarian #capitalism might outperform #liberal #democratic #capitalism over the long run… It convinced many Chinese officials that the United States was in #geopolitical and #geoeconomic decline.”

“As this #ideological #rivalry, it’s spilling over into many aspects of the #global #economy…”

“Why is #technology such a key #flashpoint in the US-China relationship. In part it has to do with the fact that #technological #innovation in areas like #ArtificialIntelligence will shape the balance of #economic and #military #power in this century. But, it is also because those #technologies have massive #implications for the #ideological #struggle between #authoritrarianism and #democracy. China is, for instance, trying to develop, what can be best described as a #hitech #police #state at home that uses a combination of #BigData, #AI and other #technologies to #monitor and #control the #behavior of the #population…”

“Sustainability of the #China #model is an open question at this time…”

https://lnkd.in/ewMQprt

Global Risk Management Network LLC: Silicon Valley-Wall Street-Pentagon-Worldwide Digital Pioneer

When China opened up to foreign investment four decades ago, many predicted capitalism would bring democratic change. But they were wrong. Emboldened by the ...
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