Thursday 25 November 2010

China's vs Western World economic growth models. Both meaningless. Deserved contempt apportioned.

It is a disgrace to even contemplate such a debate when its fundamentals reek of sewage. Revered growth of China admired and envied by the so-called Western world, mere numbers that mean nothing and bear no significance for the individuals in the societies in either system, a debate infatuated by numbers blind to its real meaning for each and every one of them.
Annual growth for the gross national product which is supposed to be shared among their individuals in the systems, therefore the per capita figure out of it. UK per capita £22,000 in 2009 from the CIA factbook, that amounts for a family of four to £88,000. How many such families bring home that amount of income? How many families struggle with barely a tenth of what has been in book-keeping terms allocated to them what the growth so spuriously debate, is all about.

And for that matter, how many individuals make multiples of the per capita to take home and how many only afford fractions of the per capita to take home? What are the highly-paid salaries and what are the minimum wages? Do they abide to the levels assumed by gross national products, growth that you are so possessed by and so vehemently debate on. None but a gross mis-representation of the growth each individual benefits from. Growth that does not take into account the individual. What individuals ought to take home.

Small wonder the regimes in either system are so afraid of, scared (shitless) of their populations. Security and the threat imposed upon their power is not only China's concern, security business thrives in the western world, it is where it was invented and infected people too. And that inane notion of individualism that the West is blessed with, a smokescreen to hide underneath it the injustice widespread all over, self-serving to suceed in its own goals, the human individual has no need of. As the protests in China and the upheaval in western societies amidst the current crisis, the true-calling of individualism will run unabated.

It is a disgrace to human individual to talk about growth for either system as it is obvious that such growth is only affordable on the backs of their populations. As it is obvious and well-known that the current crisis for the western bears heavily on the less-privileged in all societies in the western world at the mercy of the debt-collectors, a growth in numbers in financial statistics that never materialises in growth in the lives of people.

It makes one wonder why all this wealth that is produced by people doesn't go into people to better their lives. Neither system is fit for the human individual and either system would collapse under the boot of the people.

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