Summary:
Excellent analysis of capitalism with Chinese characteristicsIt is about the opportunities, challenges and dangers that capitalism entails, and how to deal with these issues in a developing socialist country. There is little or no development outside of capitalism but unbridled capitalism will take over everything and eventually run amok. The Chinese leadership understands this, and the example of the West stands as a warning, showing the pitfalls to avoid without throwing the baby out with the bathwater. In the author's view is on the right track.The analysis is highly sophisticated, but it is put in a way that any educated person can understand. Should-read.MR OnlineJack Ma is not the problemLi Xuran, originally published in Chinese in Utopia (乌有之乡)
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Excellent analysis of capitalism with Chinese characteristicsIt is about the opportunities, challenges and dangers that capitalism entails, and how to deal with these issues in a developing socialist country. There is little or no development outside of capitalism but unbridled capitalism will take over everything and eventually run amok. The Chinese leadership understands this, and the example of the West stands as a warning, showing the pitfalls to avoid without throwing the baby out with the bathwater. In the author's view is on the right track.The analysis is highly sophisticated, but it is put in a way that any educated person can understand. Should-read.MR OnlineJack Ma is not the problemLi Xuran, originally published in Chinese in Utopia (乌有之乡)
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model
Mike Norman writes The Accursed Tariffs — NeilW
Mike Norman writes IRS has agreed to share migrants’ tax information with ICE
Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius
It is about the opportunities, challenges and dangers that capitalism entails, and how to deal with these issues in a developing socialist country. There is little or no development outside of capitalism but unbridled capitalism will take over everything and eventually run amok. The Chinese leadership understands this, and the example of the West stands as a warning, showing the pitfalls to avoid without throwing the baby out with the bathwater. In the author's view is on the right track.
The analysis is highly sophisticated, but it is put in a way that any educated person can understand.
Should-read.
MR Online
Jack Ma is not the problem
Li Xuran, originally published in Chinese in Utopia (乌有之乡)