print“It’s time we came clean about our economic system. The Chinese are honest about theirs; they call it “socialism with Chinese characteristic.” We call ours free-market capitalism, when in fact it is a Third Way system too: “Socialism with American characteristics.”
The picture of China to emerge from behind those pretty Chinese screens is complex. The embodiment of feng shui it is not. The trend, however, is unmistakable: China is becoming freer, America less free. The devil is in this detail.”
An excerpt from my latest WorldNetDaily.com column, “US In The Red And Getting Redder.”
Update: Charlie Rose was interviewing one of the establishment’s orientalists du jour. The latter referred to something another wise wag once said: India is an open society but the Indians are a closed-minded people; China is a closed society, but the Chinese are an open-minded people. Evidence of the latter is the Chinese’s rush to embrace free-market capitalism and a thoroughly western wired-up life style.
By the way, image if a Westerner dares to play to racial or ethnic type as this good fellow does.