Some contend that China has the right political formula for the 21st century. Its one party rule is able to quickly make decisions that out maneuver slower democratic economies. This system has enabled its economy to become the largest in the world. Before we all reconsider our value systems in light of this superiority, consider the following:
As the WSJ article lays out, the same cognitive powers that enable wealthy Chinese to command their fortunes, also enables them to see through the fragility of their own political system. Compound this with a demographic problem and China certainly has some tumultuous years ahead.