How Deng Xiaoping Solved China’s Trade Problem—and What America Can Learn from Him
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How Deng Xiaoping Solved China’s Trade Problem—and What America Can Learn from Him
So the naive libertarian belief in a fully decentralized Hayekian order does not always come about. American Anarchy, Chinese Control, International Intermediate Here we give a bit more detail on a sci-fi scenario141 in which the US descends into a chaotic Second American Civil War, the CCP responds with the opposite extreme of a total surveillance
... See moreBalaji Srinivasan • The Network State: How To Start a New Country
When Apple shifted production to China in the early 2000s, Washington believed that free trade would help develop a middle class and inculcate democracy in what was then the world’s most populous country. Instead, economic success empowered China’s rulers, reinforcing their once-tenuous hold on the country and enabling Beijing to weaponize its manu
... See morePatrick McGee • Apple in China
None of this made China unique. Just about every rich country, from the United States to Japan, had used mercantilist strategies at various stages of their development to boost their economies. And from China’s perspective, you couldn’t argue with the results: Only a generation after millions died of mass starvation, China had transformed itself in
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