Time for some more creepy fawning over China from liberals

Stern sees the Chinese government’s allegedly keen ability to “plan” its way to prosperity as the new model for America. It is an argument of profound asininity. China had five-year plans before it started getting rich. Under the old five-year plans, China killed tens of millions of its own people and remained mired in poverty. What made China rich wasn’t planning, it was the decision to switch to markets (albeit corrupt ones). The planners were merely in charge of distributing the wealth that markets created.

Indeed, rapid economic growth always makes government planners look like geniuses when the reality is that the planners are more like self-proclaimed rainmakers who started dancing only after it started raining. When the rain stops, which it will, they’ll have much to answer for.

Oh, and what about labor? There’s one labor union in China, and it’s run by the government. (The Nazis had pretty much the same system.) Stern doesn’t seem to care.

More intriguingly, SEIU is a huge supporter of the Occupy Wall Street movement, which, taken at its word, is most concerned with income inequality and the back-room corruption that comes from “crony capitalism.” And Stern touts China as the model for how to fix things? China has 115 billionaires and at least 115 million people living on a dollar a day or less. Nearly all of those billionaires got rich gaming a corrupt political system.