Like the article mentions, private sector credit systems have the same or similar result in dictating outcomes, but as long as its not from the state, nobody in the west will care about it. Which is very weird because it is exactly how people end up living in worse neighborhoods even if they have enough money to pay rent elsewhere, leading to worse and worse outcomes and no way to change that. A state sanctioned one…
If I do something bad, like file for bankruptcy, it is wiped off of the "private sector credit systems" after seven years. China's scorekeeping is perpetual. There is no forgiveness. No second chances.
Another important difference is that in the West, being penalized for things like now showing up for a dinner reservation are opt-in. You choose to make a reservation through Open Table in order to get points. Part of that contract is that you will honor your reservations. Nobody forces you to use Open Table.
credit bureaus in a variety of countries have the same effect
Which Western credit bureaus are tracking charitable donations? Blood donations? The times someone plays music too loudly? The times someone throws a banana peel into the recycling bin?