You won’t find a better explanation for why China is rising & the US is declining: “In America, you can change parties but you can’t change policies. Billionaires control all policy. In China capital doesn’t have enshrined rights. In America, capital has risen above the nation.”
"In America, you can change political parties, but you can't change policies. In China, you cannot change the party, but you can change policies. So in that time, China ceased to be communist. Is that what you're saying? Well, China is a market economy, and it's a vibrant market economy, but it is not a capitalist country. Here's why. There's no way a group of billionaires could control the Politburo. As billionaires control American policy. So in China, you have a vibrant market economy, but capital does not rise above political authority. Capital does not have enshrined rights. In America, capital, the interests of capital and capital itself, has risen above the American nation. The political authority cannot check the power of capital. That's why America is a capitalist country, but China is not. So in the 65 or 66 years, China has been run by one single party. Yet, the political changes that have taken place in China in this past 66 years have been wider and broader and greater than probably any other major country in modern memory."
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You won’t find a better explanation for why China is rising & the US is declining: “In America, you can change parties but you can’t change policies. Billionaires control all policy. In China capital doesn’t have enshrined rights. In America, capital has risen above the nation.”
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