Sunday, July 15, 2007

The Beast that Ate Communism

China executed the head of their pure food and drug group that was suppose to stop the making of all those products that have shown up in the news lately as killing or poisoning people, and being recalled, and rejected. Like that's going to work.

At least the government recognizes they have a major image problem on their hands. The free market is not something to be taken lightly. It's what defeated communism in the late great Cold War.

When third world leaders realized they could benefit themselves – and secondly their people – by being friendly with free market countries as apposed to centralized, planned economies no matter how elegant or noble their saying may be, communism's days were numbered. Seems free markets are more efficient than planned economies, and the peace in between the heightened tension periods of the Cold War kept reinforcing that. Anybody and everybody couldn't help but notice the two Koreas, the two Germanys, the two Berlins, the difference between East and West Europe. As long as there was peace, communism never had a chance.

And if the free markets of America and to some lesser extent the rest of the free world were to turn away from products from China, no amount of executions or 5-year plans will bring them back. If the idea that anything with the taint of "made in China" is to be avoided, the economic smack-down will make the Long March look like a hike in the woods. Don't go there.

No one controls the free market – Duh! That's why they call it free – only the collective decisions of consumers drive the most efficient allocation of resources we have ever seen.

It's our greatest resource. Every producer, exploiter, seller, marketer, hawker, and pusher wants access to the free market and especially the American market. It's were economic dreams come true, and it's a nightmare if it turns away from your product. The leaders of China know this. That's why heads had to roll. But it may be too little too late.

I recently read an article – I believe it was in the NYTimes, but I don't remember – about a reporter getting a cool to almost hostile reception at a factory in China. The police were called, but the authorities took their cue from the operators of the factory. Seems industry has way more power in China than we realized, but they need to realize that reporters from the Gray Lady is the least of their worries. That bitch the free market is way more vengeful than any reporter from any newspaper ever thought of being.

It's unforgiving. It's the bitchest of bitches. It will leave you high and dry like boats in a diverted or dried up river. Whose head is going to be cut off then?
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