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this post was submitted on 02 May 2024
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Sure man, I guess the nets on the sides of the factory buildings are there to catch workers who are jumping with joy because their work is so rewarding.
I don't deny that China's economic ascendancy has been remarkable and a big win against poverty, but now that people have gotten past the starvation phase, I don't think you can use the "high tide raises all boats" analogy. It sounds a lot like tricke-down economics to me, with some hand-waving that things are different in China because the wealthy elites are actually generous patricians.