China didn't learn from the collapse of the USSR

http://www.nytimes.com/2010/08/30/world/asia/30china.html?partner=rss&emc=rss

China is following the same path of the old USSR. Statists never really believe in the private sector or a free market, they merely allow some freedom at times for its utilitarian value -- the power players in China who are protected by the State will not lose to the private sector -- the rulers will not give up control -- the people will suffer -- China will fall.

This is one more big reason why we need to establish a free market and give up our statist experiments -- the world needs our ingenuity, freedom and innovation.

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