Insightful from RSA: Gleaning lessons from the Chinese model and using the Euro crisis as an exemplar, ‘Economist Loretta Napoleoni examines Chinese economic growth and argues that we are witnessing the beginning of the collapse of capitalism and the victory of communism with a profit motive.’
Is the great Western anomaly of global economic dominance really over? What can we learn from China’s model of authoritarian capitalism? Will the world/we adapt or remain fixated in old illusory lines?
For more on Loretta Napoleoni, author of the book MAONOMICS: Why Chinese Communists Make Better Capitalists Than We Do, go here.