Quote from luisHK:
Hong Kong is sill pretty good , at least in terms of free enterprise and free circulation of goods and moderate taxation. It still has a welfare system and much of the housing is subsidised. Interesting to read abt HK in the mid 20th century, from memory they did follow a tough capitalist system.
One problem which might be linked, is despite HK beeing very wealthy, urbanisation is extremely ugly and many areas, even downtown, look old and dirty. Not a great quality of life IMO.
Quote from Grandluxe:
Quality of life just doesn't depend on this, it also depends on how well you are accepted by that culture. If you are Chinese and live in HKG, you are simply not going to receive the same amount of discrimination and disgust that you will receive in Vienna, Paris or other alien cultures no matter how much money you have.
Quote from luisHK:
WTF ?!?
I know more abt Paris than Vienna, ime well off chinese in Paris do pretty well and face very little disgust nor discrimination, if at all. Especially poorer chinese might actually face more of it in HK, although I understand why a chinese would feel more at home in HK than in Paris as the culture and language in HK are much more similar
If a chinese can't deal with Paris attitude towards chinese expats, than most likely he's just not made to live as an expat in a western culture. This pretty much applies to london as well and I suspect many more european cities
Quote from luisHK:
Whatever ? Is that because you appear to be talking out of your ass that you feel the need to be impolite ?
I'm a westerner![]()
Besides chinese or other foreigners are NOT FACED with what other say privately, and people defiance about others' culture is pretty much standard - in Asia probably more than in the West btw.
My view, and it seems quite consistent with the standard definitions of "capitalism", is that what we call "corporatism" is just one of the ways capitalism manifests itself. In other words, corporatism is just a form of capitalism.Quote from the1:
The societal make-up in the US is a blend of Capitalism, Socialism, and Corporatism. If you research the definition of all three you can put the US into all of the categories, but not as a pure society. Opportunity is still available to all who want to explore it as long as youâre comfortable sharing a piece of your success with others.
Phil Mickleson recently said he wants to retire from golf because he doesnât want to pay 63% of his winnings to the IRS. Canât say I blame him but Iâm surprised he canât find a talented tax attorney to solve that problem but thatâs a topic for a different thread.