David Weekly tweets:

A few months ago, NYT editorialist Thomas Friedman summarized the Beijing Consensus concept:

The Beijing Consensus, says Bennhold, is a “Confucian-Communist-Capitalist” hybrid under the umbrella of a one-party state, with a lot of government guidance, strictly controlled capital markets and an authoritarian decision-making process that is capable of making tough choices and long-term investments, without having to heed daily public polls.

The analogy fits IMHO. Moreover, the analogy begs more insightful discussion than the shrill Doctorow or glib Gruber conversations.