Source: American Spectator
When private enterprise built the first railroad in China in the 19th century, the Chinese mandarinate sent out work crews to tear up the tracks.
So things went in the Middle Kingdom for approximately 1500 years. Emperors and dynasties came and went but the day-to-day affairs were administered by a self-perpetuating class of intellectuals intent on stopping anything that might resemble economic progress.
It might be worth studying a little Chinese history these days because American affairs are now being run by a Washington mandarinate that dances to its own tune and has very fixed ideas of what the world should be like — namely that industrial activity is something toward which we should be very suspicious if not downright hostile. (more…)