You would be handing over full political and military control to a group of individuals, with no way of taking it back. If those individuals turn out to perform as well as the current Chinese leaders, you would be ahead. If they turn out to perform more like the past Chinese leaders, you would be behind. Over the past 5,000 years, China got it more wrong than right, which is the only reason that they haven't been the undisputed world leader with the highest GDP, which is where they belong given their vast human and natural resources.
Democracy was never meant to be as efficient as a dictatorship. In fact, inefficiency is baked in by design to hedge against bad leadership (at the cost of good leaders having their potential impact massively reduced). Think of democracy as a political system with an expensive but effective insurance policy.
Democracy was never meant to be as efficient as a dictatorship. In fact, inefficiency is baked in by design to hedge against bad leadership (at the cost of good leaders having their potential impact massively reduced). Think of democracy as a political system with an expensive but effective insurance policy.