China: A Specter is Haunting Communism

It’s almost as though an “iron law” operates in all the communist countries, varied though they are. They seem haunted by the specter of democracy, especially when they seek to reform their moribund economies. Their economic growth and individual
well-being are held back by the fetters of ancient dogmas, such as highly centralized command economies, lack of material incentives, and curbs on individual initiative and choice. Comes the promise of democracy and freedom, w...