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RE: Chinese Decision Makes me a little happy... why?
Thanks, I needed that! If reality doesn't come crashing down upon us, we get a sharp slap in the face instead. Either way you have to sober up.
A good thing is fine but a gravy train always gets abused by the unaware. Sooner or later the process is to select what really works.
However I think people are actually highly intelligent and very fast learners. Not while they are hypnotized of course but when they finally come to know they, and no one else, will pay for their mistakes.
Does an Invisible Hand really steer our ship?
Yeah, I get what you mean. If in the US, we had all grown up with a libertarian government and politics, where citizens fend for themselves in their economic decision making, very likely people would have no problem with the concept of government not holding their hand. It used to work like this in the US. The term "snake oil salesman" exists for a reason. They weren't thrown into jail back then because there was no FDA, and so society created a term for people who come around trying to sell a scam product with huge promises that can't deliver.
It gets taught through the generations, though, and the generations we have today have largely had the government holding their hand with everything their entire life. While people could learn, I expect this trend to continue instead.