Chinese Government is accused of massive corruption, some critics say that the censorship does not allow the revelation of corruption in China. How did the Communist Party of China from 1976 onwards were able to achieve so much efficiency? I mean China succeeded economically even though it was corrupt.
I say China has succeeded as it was able to pull the majority of people out of poverty, even though there were some human rights violations.
Historically, corrupt nations are the ones which have failed miserably both economically and socially. What happened in China that led to its economic success despite corruption?
In my argument, I am assuming that corruption is related to inefficiency because corruption is due to greed and greed also cause inefficiency.