Market Economy

American right, through its deep alliance with evangelical Christians, is pushing the U.S. toward theocracy. This movement promotes anti-science views and legislates religious doctrine, particularly through abortion bans, creating a fundamental conflict over America's secular identity.

Economics is value-neutral, while left and right are judgments about value.  Regardless of left or right, neither of them is a small government. Left-wing still upholds the fundamental principles of the French Revolution, also known as natural human rights. Its philosophy is that everyone has equal rights. Constant expansion of the boundaries of rights, e.g. equality of outcome, is one of the greatest mistakes of the left.

In today's economy, making money efficiently no longer depends on sheer effort or being a jack-of-all-trades. Instead, it lies in combining your personal expertise (such as cooking, writing, or manufacturing) to the capital goods platforms built by tech giants like Wechat, TikTok and Uber, etc., thereby achieving the most efficient specialization. Understanding and leveraging the rules and logic of these platforms is the wealth code for today.

Despite having the best conditions, India fails to become an industrial powerhouse and its industrial output is only about one-eighth that of China's. The primary reason is the overly restrictive labor laws in India. The second reason why industry struggles to develop in India is the land issue.