Many in the United States believed that capitalism would never work without political freedom. Then China began to rise.
I listen to this and it reminds me of the wealth and growth in America in the early 1900’s in part because of the fact that the U.S. had a mixed-economy. Sadly it seems like we’ve moved away from that towards a more capitalistic economy. Perhaps it’s time to swing back?
Sadly, China may be taking advantage of their mixed economy, but they don’t seem to have the level of freedom we’ve got.
