A Chinese Venture Capitalist Defends Its Form Of Government Versus His Perception Of Democracy

A Chinese venture capitalist explains the difference between Western ideology and China's method of government. He gives his views on Democracy, and how it has evolved in the US, and raises questions about it effectiveness as a form of government, and as an expression of the will of the people. He describes the Chinese system as more pragmatic and more effective. He acknowledges some of its problems, but he stresses its economic achievements relative to the West.

Churchill recognized that Democracy was not perfect, but he argued that it was better than the alternatives. Democracy is practiced differently across the globe, and it changes over time. I think that most of us cherish the ideal of Democracy but there are times when it deviates substantially from its ideal. Demagoguery is one of those deviations from the ideal. It is a lot easier to win elections by giving people what they want. Governments have a tendency to promise benefits that are not pad for by taxes, and election campaigns have become so expensive that candidates are beholden to those who have the means to finance them. It has also become more difficult to distinguish political campaigns from the marketing of soap. Even worse, some of those who run for election are more expert at electioneering than they are in the art of governing. Too many decisions are based upon how they might effect the next election, and politicians are more than willing to turn themselves into the most popular brand of soap if that is what people are buying. It has become more difficult to defend the ideal of Democracy as it is currently practiced. The real question is whether it can be brought back closer to its ideal, or whether that is an impossible, or impractical, task.