oxymoron

China is a socialist state with a capitalist economic system (a product of democracy however China is not a democratic state).

We are a democratic state with a socialist economic system. We should have a capitalist economic system and free trade, no barriers but strangely we have a protectionist socialist economic system.

Our free democratic system should have created universities, laboratories, entrepreneurs, venture capitalists, inventors, innovators, multinationals and free markets, we seem to have these but they are still lacking vis a vis a USA or W.Europe.

The one thing China does have that we don't is: they have a vision for the future and they know when and how to achieve it.

We have a vision for the future too, but we get lost in the politics, bureaucracy, voters backlash, special interest groups, lobbyists, minorities, backward classes,
etc.

Despite all that paraphernalia, we seem to have got somewhere but the paraphernalia is making our progress much slower, it is holding us back and at the pace we are going I don't know if this pace will mean anything for us for the future.
We may not be someone to reckon with for the future.

We seem to have chosen democracy and not yet savoured its fruits in a capitalist economy.
China seems to have chosen socialism but has enabled a capitalist institution to function that is reaping them dividends.

Dividends that should accrue to us on choosing democracy.