Although Deng Xiaoping was misquoted by the Western media for saying, “Getting Rich is Glorious”, he should have the credit anyway.
By opening China to capitalism and world trade and introducing competition at all levels of society and ending the Communist, socialist economic model, Deng Xiaoping saved China.
A return to the socialist economic model means China will fall into step behind America, which is on the fast track to failure “in part” due to entitlement programs for the disadvantaged that were launched during President Lyndon Johnson’s Great Society, which was designed to reduce poverty.
The government should not have played a role in lifting people out of poverty. Those who live in poverty should accomplish that for themselves.
President Lyndon Johnson wanted to do something for everyone and America is still paying the price.
Although many in America blame China for lost jobs in the U.S., the fault belongs in America partially because of government programs like President Johnson’s Great Society.
Creating entitlements (preferences and favoritism) to minorities, single mothers or the handicapped was one of the mistakes that contributed to America losing its competitive edge in the global-market place.
Once discrimination is removed, socialist programs that create entitlements for individuals who cannot compete and win were wrong.
The best qualified should win – not the other way around.
However, there is nothing wrong with a social-safety net designed to train individuals who lost jobs due to changes in the workplace so he or she may reenter society as a productive citizen, but only if he or she can compete without favoritism.
Evolution means competition at all levels where those who are the best qualified wins.
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