Q&A On American Exception
I helped Aaron get through some questions during a Q&A session for the American Exception offshoot Devils Chess Club. We cover a lot of ground and I think folks here would find it interesting!
There’s been a lot of video content here lately, but there is a lot more written content on the way soon
China, at least from the 1980s until recently was actually quite decentralized. Its state-owned corporations are deliberately redundantly spread across the country, and the local governments have so much sway formally and informally over the local operations that they are in some big ways effectively several corporations due to politically directed policy variabilities with their operations and decision-making. And their local politics has been strikingly representative compared to other current-day systems given the broad societal-based composition of their local parties and their internal democratic governance structures. And just like the USA was during the 1830s until 1939, there is limited but still large enough to be serious policy variability in all areas between localities that is locally conceived and locally directed. And they even have modicums of local protectionism. And limited but still substantial capital flow inhibitors with variability in banking, finance, and monetary policy. Just like the USA's Old Republic had! And most revenue was not only spent by, but very importantly, also raised by the local areas, just like in the USA's Old Republic! So China has actually more closely resembled the political and economic structures of the USA's Old Republic than contemporary America does!