Hacker News Reader

I only meant to say that China will simply revert to government ownership of virtually everything, eventually, when they will no longer need to maintain the mask of capitalism. Government already owns 60% of productive capital there.

I didn't mean to say that China is set for failure as a nation. Merely that it will eventually become again fully "socialist"/"communist" rather than remain a hybrid system it currently is.

View on HN

But will the USA eventually become again fully "democratic"/"capitalist" rather than remain a hybrid (aka fascist) system it currently is?

I think judgments and predictions are far from certain in both cases and are mainly rooted in bias and wishful thinking.

Either this, or will instead become a China-like full-on fascist. Because capitalism stops working if there are no guarantees of private property (no point to own stock if company can be nationalised, diluted, or simply gifted to a crony at whim), and every dictatorship eventually slides to that territory. US is no exception. It will not remain a hybrid for a long time - it will go either way.

Reply on news.ycombinator.com