{"id":154222,"date":"2026-07-08T01:30:07","date_gmt":"2026-07-08T01:30:07","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=154222"},"modified":"2026-07-08T01:30:07","modified_gmt":"2026-07-08T01:30:07","slug":"sometimes-it-pays-to-be-a-backward-country","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=154222","title":{"rendered":"Sometimes, it pays to be a backward country"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostWho would have thought that Leon Trotsky inadvertently offered a theory to explain China\u2019s economic leapfrog into the 21st century after bouncing back from history\u2019s worst famine and the Cultural Revolution?<br \/>\nIn recent decades, some people thought China was done for and would eventually collapse. They might have done better if they had read at least the first chapter of Trotsky\u2019s The History of the Russian Revolution. Here, he expounds on what he calls \u201cthe privilege of historic backwardness\u201d,&#8230;<a href=\"https:\/\/www.scmp.com\/opinion\/china-opinion\/article\/3359513\/sometimes-it-pays-be-backward-country?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostWho would have thought that Leon Trotsky inadvertently offered a theory to explain China\u2019s economic leapfrog into the 21st century after bouncing back from&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/154222"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=154222"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/154222\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=154222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=154222"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=154222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}