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China's Biggest Gamble: Can It Have Capitalism Without Democracy

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China's Biggest Gamble: Can It Have Capitalism Without Democracy
In April 2005, Henry Blodget’s essay “China’s Biggest Gamble: Can It Have Capitalism without Democracy? A prediction” was posted in an online magazine called Slate.com. As stated in the title, he predicted that China’s government would change to have freedom of speech and a democracy similar to the one the United States has. He also said that the more China’s wealth grows, the more pressure will build and it would cause a change. Back then and even now China remains without a democracy and as it seems it is still far away from any drastic changes.
Guo one of the authors of “Anti-corruption measures in China: suggestions for reforms” says that “It is always difficult to evaluate a country's or region's level of corruption accurately due to the secret and sensitive nature of corrupt transactions” Many studies have been done but as it happens in many nations the government is the one who chooses what is known to the public and what is not, people who take part in corrupted activities will try to do anything so that such activities would never be public news.
In the essay “Anti-corruption measures in China:
…show more content…
In this essay Aiqun mentions how in the book Andrew Wedeman explains the paradox that China is undergoing with its rapid economic growth and widespread corruption. How the both of them have coexisted in China since the beginning of the economic reform era 1978 to the present times. Aiqun also points out that Wedeman argues that China's anticorruption effort “Work Plan” is being successful that it has prevented corruption from getting out of control. Aiqun mentions how Andrew argues that Chinese government official will be convicted of corruption. They will receive criminal prosecution and or administrative penalties that could shatter their

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