Why don't we compare the income of the bottom 50% of the population over the last 40 years for China vs EU or USA? The trend will reveal the true status of the treatment of workers. In any case, the West is not concerned about Chinese workers' rights. Basically, their gripe is that China dares to outperform them economically despite being a socialist country. If their own population realises the truth there might be revolt against their governments ! This cannot be allowed. Hence, they try to manufacture propaganda like the forced labour and genocide in Xinjiang to portray China in bad light so as to cover up the reality. How else do you explain that the Xinjiang Uighur population increased significantly more than the Han Chinese in the last 40 years ? Look at the vast improvement in the Uighurs income and life expectancy! BTW, China's life expectancy is higher than America. Doesn't that tell you something ? I like the saying that US doesn't care about China and cares even less about muslims but they care greatly about Chinese muslims !! If/when India threatens US economically they'll smear India too to suppress it (just like Japan not that long ago). So it's not about democracy but entirely about hegemony !

@ahsoontan1219

19 күн бұрын

True,, the US is just manufacturing consent to enable their sanctions Xinjiang The true motive to decimate the progress in China economy

@gaocori7413

19 күн бұрын

兄弟说得很对！美国那么民主，大部分美国人那么讨厌他们的政客，讨厌拜登，讨厌川普，但为什么每次选举出来的都是这些总想搞乱世界的王八蛋？这个很有趣。相比北约想对中国开战，中国人更期望北约开第一枪，然后我们，你们就不用顾及谁对谁错，一场S3可以解决任何人的抱怨。

@sinic1978

19 күн бұрын

They are already talking about India. Remember the video in Texas a few years ago where a white woman told Indians to go back to India ?

@Andy-P

19 күн бұрын

Am looking to find evidence that China is better at Capitalism in your comment and failing.. I do agree with some of the stuff you say.

@jkselama9715

18 күн бұрын

@@Andy-P Looking for evidence? Go to any store anywhere in the world. You failed because you look not to find it.

as a indian from land of budhha....i always believed india should learn something from china its a strong state and strong government

@sinic1978

19 күн бұрын

The Buddha was born in Nepal.

@dongiovanni8899

19 күн бұрын

Buddhism is more popular outside India😇

@lkchoh1454

19 күн бұрын

Why you need to learn from China Buddhism, in fact Indian Buddhism already existed before China Buddhism existed. Similarly Western capitalism already existed before China runs capitalist.

@namelessmonster2166

19 күн бұрын

@@dongiovanni8899 very true buddhism spread outside more....here it is said Sanskrit was aristocratic language of brahmins they used to fool poor low class people cuz they don't understand language...wherever budhha went he taught his teachings in local language.....here he taught in pali language...here it did't spread cuz of vedic culture budhha opposed it so they want him out from the country (they add budhha to be avatar of vishnu just for survival of vedic culture and one of the gods in hinduism)

@namelessmonster2166

19 күн бұрын

@@lkchoh1454 i am not saying we need to learn buddhism or capitalism...but to learn a strong governance from china....here it is very bad situation of government even i can beat my country finance minister on debate or knowledge...government is in absolute state of pathetic...

With time we'll find out that what China does it's not capitalism, neither socialism. But it's something new that's hasn't been labeled yet.

@fool9111z

19 күн бұрын

A hybrid economy

@gaocori7413

19 күн бұрын

Chineselism

@sinic1978

19 күн бұрын

Just call it Chinese pragmatism.

@danielhutchinson6604

19 күн бұрын

How about Economic Warfare?

@sinic1978

19 күн бұрын

@@danielhutchinson6604 in a world where the laws of the jungle prevail the Chinese and Russians plus East Asians have the upper hand. I would advise the West particularly the US not to push their luck. Be careful what you wish for.

Just the govt is very different. CHINA govt has a long history of 中央集权。

Thank you Dr. Hayward. I learn about China in a balanced way through your presentations.

@janehaywardchina

20 күн бұрын

Appreciate your support @jlgutube

I definitely don't know enough about Chinese labour rights. But I recently had to look up workers' rights in retrenchments. I learnt that Chinese law on this provides, among other things, that companies should avoid retrenching people who are the sole breadwinner of their family. Also, that workers who are retrenched should be the first to be rehired if the company starts expanding its workforce again. Of course, there will be questions as to actual enforcement and implementation. But I find that once you drill down into details, there is always a lot more nuance to be had. I find it difficult to compare legal frameworks like workers' rights without (a) trying to assess the whole picture and (b) trying to make that assessment on a holistic, as implemented in the context framing. Then you also have to incorporate into that assessment extra legal methods to deal with worker rights, a concept that I find Western conceptual frameworks have difficulty incorporating. Is it better, for example, to have explicit worker rights as to retrenchment or to have no such worker rights but have effective government programs to upskill and find jobs for retrenched workers? This is, of course, not an either / or but my point is that a pure legal rights analysis misses out the entire picture.

@dennylijas9587

19 күн бұрын

a very 👍🏻 good comment

@Andy-P

19 күн бұрын

So what yous saying is workers right's in China are better than the west? Your first sentance explains it well.

@horridohobbies

18 күн бұрын

@@Andy-P That's not what he's saying. Your reading comprehension is compromised by your personal bias.

@wlim1260

18 күн бұрын

@@Andy-P Thank you. One sign of growth and wisdom is knowing what you know and more importantly knowing what you don't know.

@Andy-P

18 күн бұрын

@@wlim1260 Agreed

The majour differences are; in China the strategic business sectors, such as telecommunications, banking, technology, artificial intelligent and infrastructure are government controlled, whereas these sectors are in private oligarch's hands, who is indeed the people behind the government. Therefore chinese government think for the country (ie the people). In the west the oligarch behind the government think only for themselves, thus you have the poor and homeless. Although China follows the west in the way they conduct their business, China makes the system work for the mass. In the west, the oligarchs through the government play the system to enrich themselves at the expense of the mass. It's how to implement the system that is importat and who are the real people behind the implementation. So US should morph into a better government. This is an uphill tast as US and its allies politicians are power crazy, whereas China has stateman for their leader. It's in the chinese blood.

@danielhutchinson6604

20 күн бұрын

China has allies in the Economic Markets. We do need to discuss Asian Unity? The US Government and Media enjoy picking on China and Russia as individuals. The ability to face the Asian Continent and consider who appears to have moved behind a BRICS Wall, may indicate the Balance of Power now resides with the BRICS Trade Group and their Associates? Those Nations appear to now own around 70% of available resources on the Planet. The G-7 constructed their lifestyle by exploiting their colonial Empires. The Markets costs increasing appear to reflect the growing number of Natios who choose to associate with the BRICS Group. China is not alone. The USA appears to have Pakistan and Iraq as colonial Nations in Asia. South Korea and Japan as well as Taiwan appear to be the rest of the Asian Nations who obey the USA. All the other Producer Nations have joined the SCO and the BRICS groups.

@Andy-P

19 күн бұрын

@@danielhutchinson6604 I don't think trading partners = allies. China & America both exercise economic coercion. As a nation which one do you dislike the least? Hence the world polarising. Most will try to sit on the fence.

@Andy-P

19 күн бұрын

I agree with some of what you say here. I think the biggest problem I have is "Therefore chinese government think for the country". They don't. They think for themselves like the oligarchs of the west. In the west people can vote for Governments and choose to invest in Business's. In the west those large industries are not dominated by individuals. The companies have share holders. But of course not everyone can afford shares. There are still a lot of poor people.

@danielhutchinson6604

19 күн бұрын

@@Andy-P After they have been liberated from the Colonial Exploitation of a few Centuries, they do notice who is not attempting to take their resources. Start by listing the Colonies of the Colonial Empires. Then ask yourself How they feel after a century of exploitation? They are not going to deliver resources at the price that the Empire sets. Their resources are freed to be traded with other nations who can make use of them. That stage of the world trade situation will produce inflation in the particular Nation who used to be their Colonial Master. One dramatic example is Niger. They were exploited by France for Minerals. The delivery of Uranium to France, was ended. It became a Commodity available to any Nation, creating competition, and a shortage for France who count on Nuke Power for their electric generating capacity. BRICS is allowing this to occur, and the Trade within that Trade Group is what has caused inflated prices in the USA now puts a considerable strain on the US Government. As sources of minerals and other Goods like Food increase, the economic status of the former Colonial Empire is weakened. They may turn on their friends the other Colonial Empires who also are looking for resources from their Colonies, that no longer arrive. The USA is extorting Money from European Consumers with Overpriced LNG. That has caused the effect of Economic distress in European Nations. Are you getting the picture of Economic Warfare yet?

@horridohobbies

18 күн бұрын

@@Andy-P The Chinese government works for the people. It always has throughout Chinese history. You don't understand China. You don't understand the people. You don't understand its culture.

Your analysis is so illuminating. I subscribed to your channel last month on British Media biased against China. Thank you for making these videos.

@janehaywardchina

20 күн бұрын

Thank you for your support @gingermintrose, much appreciated

@tylertang20

19 күн бұрын

是英国媒体大量的虚假新闻

Competition makes great products for the consumers. That's what's happening in China, not over-production or over-capacity, as the technocrat turned politian in the US has said, which disgustingly followed by the politicians in Europe for the detriment of their own people. Get rid of these harmful politicians who don't work for you.

@rogerstarkey5390

19 күн бұрын

One man's "overcapacity" is another man's "Ability to *capitalise* in overseas markets"

@Andy-P

19 күн бұрын

It's the Government subsidies allowing the very cheap prices along with the quantity of goods tht the US and others are concerned about. If your country hasn't a vehicle manufacturing industry and doesn't aspire to one then cheap chinese EV's are great! An example being Australia. Soon to be awash with Chinese EV's.

@horridohobbies

18 күн бұрын

@@Andy-P All countries subsidize its industries to some extent. The US government most definitely subsidized its auto industry when it went through hard times. Ditto for the banking industry. It's not about subsidies. It's about a country's ability to effect good economic policies. For most Western economies, this is a big fail.

@Andy-P

18 күн бұрын

@@horridohobbies yes, not just the west but Brazil, Turkey and other countries are now taking measures to protect their manufacturing industry from Chinese over capacity.

If capital is allowed to operate in China, of course there will be external forms of capitalism, such as the "exploitation of labor".But you can't say that the state level is more comfortable with "exploitation of labor".If you want to talk about whether China is socialist or capitalist at the state level in terms of labor protection, then you should look at how the SOE protects labor, and there is a world of difference.

@Andy-P

19 күн бұрын

I agree. SOE's operate under different restraints compared with private companies in China. I believe the private sector is getting closer to the SOE model under Xi

The Chinese economy is continually evolving, just like many other economies. China is moving up the value chain, like the countries of Japan, South Korea, Taiwan, Singapore did previously. The low cost labor-intensive industries are moving to Bangladesh, Vietnam and elsewhere. The high tech industry like semi-conductor, EVs are in demand. This dislocation will take time to address. China has moved some of the labor intensive industries inward away from the coastal cities. This is the right strategy. The Chinese middle class is growing, whereas the middle class in the western world is shrinking. High inflation and high energy costs are pushing manufacturing elsewhere. The domestic demand is now an important sector for China GDP growth.

@Andy-P

19 күн бұрын

Agree with the first paragraph. Not the second.

China govt and society mainly know what their problems are and have the political will to solve them. While the western govt especially the EU and USA/Canada lack the political will to fix their own problems. Just my observation

@Andy-P

19 күн бұрын

I would put it the other way round. Western people can vote in new Governments while Chinese can not. CCP are currently unable to solve their problem of lack of domestic demand. To do that property would have to be transfered to the people and have rule of law. Autocratic CCP won't give up that power

@dontaskmewhy100

19 күн бұрын

@@Andy-P which new govts in the West that people voted in has solve any short term and long term social economic problems of their people in the society？ Are you sure privatization of land in China wont end up in private huge land developers' monopoly of the land？ It's partly due to the state monopoly of the land that allows the Chinese govt can build comprehensive infrastructure in China in the last two decades. Most important of all the transportions are very affordable. NO private companies will or can do that. Only the govt. Don't you see that it's mainly due to many private ownership of the land resulted in USA can't even build a few miles of 'speed train' over two decades？ I think you should study more What i said has nothing to do with the CPC is good or bad or CPC monopoly in political power is good or bad. There are good and bad side. It's just different system

@horridohobbies

18 күн бұрын

@@Andy-P Nonsense. The CPC (not CCP) is still working on the problem of domestic demand. There is no instant solution. It will take a few years. Voting in new governments is futile. I've lived in Canada all my life and I have never seen one government do a good job. We Canadians trade one crap government for another. Nothing ever really gets fixed.

Thanks for your video. Rarely seen such objective comment given how insanely mad this world is becoming

@Andy-P

19 күн бұрын

Agreed I like the narrative. It's easy to discuss.

What a great pleasure to awake to new treasure from the egregious lack of leisure (so difficult to measure!), of our very most wonderful Jane Hayward, Phd. … You have taken pause before to address my “bachelor-esque” banter beneath your brilliant dissections of subtlety and nuance vis a vis China before, and was that, indeed, your “first mistake,” your “erreur fatale?” To be completely honest and forthcoming (unquestionably one of my worst traits), if you were Taylor Swift, I would SO be a “Swiftie” of the first rank and water… The sagacity and so very delightful detail and the well informed specificity that you bring are a great boon, indeed, a “lamp unto my feet”… And, having mentioned both your “subtlety” as well as your “nuance,” in my second paragraph above, allow me to also extrapolate from my third paragraph with a sneaking suspicion that perhaps you find my egregious “fanboy” enthusiasm just slightly off putting, like the hairsbreadth of difference between the words “discomfiting” and “discomforting”… I am put to mind of the time, my having made reference to the Biblical suggestion of how Heaven must abhor the wealthy (eyes of needles being in large part unwelcoming to camels and their well provisioned riders and all that!), when an older and wiser friend (alright, so it’s NOT such a high bar I’ve set… someone has to be the “common laboring boy,” the “little drummer boy”), tried to acquaint me with the fact that the “eye of the needle” was in fact a well documented, long, low-roofed entrance to Jerusalem, within which a well heeled merchant might be set upon by robbers and pickpockets, and which, my being perhaps even slightly slower on the uptake then, than at this late juncture, it was a while before a light bulb appeared saying, “Oh, well, that’s very different, isn’t it?”… Perhaps for my next birthday (surprise… sundown on “Samhain,” or, as we now more commonly refer to it, “Halloween!”) or for Christmas (someone else’s birthday, as I recall), you might do a post on the influence of Confucianism, Buddhism, and Taoism on modern Chinese thought and behavior? In the meantime, I shall remain here, attempting to coerce recalcitrant camels through a variety of needles, and perhaps rather myopically enumerating angels as they waltz, and twist, and tango (and freely frug!), across the heads of these various pins… Namaste, my so dearly beloved China “chica”… Your doubling, bubbling, toiling and troubling “bad tuppence”… - Glenny Penny

7:56 "Reimagined" "The strict regulations will limit OUR ability to continiue exploitation of low Chinese wages and thus the ability to maintain or increase our capitalisation in home markets" ("HOW can we maintain consumerism without your cheap labour?") .... Well, those chickens came home to roost? . Imagine a discussion in China along the lines of... "WE can make these things cheaper than them.... But our wages are 20% of theirs (guess)? So we could double wages, with massive improvement to living standards, increase OUR margin by.... 20% and STILL undercut their prices? . Isn't this what we're seeing in the auto (EV) market? . Just btw There was 1 Western company in that market with a multi-decade plan using first principles engineering and the aim of vertical integration.... What happened to them? . Starts with "T".... . (They also employed the Capitalist version of "Ownership of the Workplace by the Proliteriat".... Extremely preferential share purchase. Karl would be proud?)

@Andy-P

19 күн бұрын

Agreed. Not just Chinese wages...

Something does not make sense: We pushed regulations which would increase costs for Chinese employers, and implicitly that would be by IMPROVING labour conditions to a level more similar to what makes us less productive / higher cost in the West. BUT you imply the opposite: that we somehow pushed for worse labour conditions in China! I do not understand.

the murderer and surgeon both wield the knife.

US and EU have glass hearts which break easily when challenged.

@Andy-P

19 күн бұрын

Good comment. Electors are very fickle and the politicans know that.

This is such a good video! One has to view and understand the issues inside and about China from a nuanced and broader perspective. Context and influences, inside and outside of China, matter as well.

@janehaywardchina

20 күн бұрын

Thank you very much @truthseeker000000

Thank you. So glad you are here.

I like your fair comment and positive approach to criticizing one by looking at the whole chain. The western capitalists demand their suppliers to "deliver on time no matter what" and keep squeezing cost down, but then turn around and criticize the work environment as unhealthy. The same western elites criticized China of polluting the planet while shipping toxic garbage to be processed here, when China refused they went ballistic! They criticized China of low renewable energy source but when we build a dam they come crying about environment impact; when China produces solar panels and EVs they come crying for over-capacity. That kind of hypocrisy is childish and selfish.

@thisiskevin1000

17 күн бұрын

Double standards in analysis

Great video as always. But I would like to add one more thing about workers' rights in China and global capitalism. China has been the world's cheap product factory since the 80s, and today China is one of the world's technology-producing central, but we see that countries such as Vietnam, India, Bangladesh and Mexico have taken over this "cheap product factory" status. Likewise, in these countries, there is a community of workers living with very low wages and few rights in these countries that produces "cheap products." But since these countries do not have a capital that can compete with the West (for now), we don't see their worker rights in the western media, and we even hear these countries being praised for rising as "rivals" to China.

@janehaywardchina

20 күн бұрын

Thank you @yakupefeayas3207, and that's a very interesting point.

@archstanton5973

19 күн бұрын

"incredible! superpower! india!" does NOT belong in your list. And I do NOT mean incredible! superpower! india! is NOT "cheap labor" but rather that *businesses are AVOIDING incredible! superpower! india because ALL businesses have come to learn/realize that incredible! superpower! india! is basically AN OPENLY CONFISCATORY KLEPTOCRACY..........*

@tylertang20

19 күн бұрын

@@archstanton5973所以印度始终是一个笑话

China is socialist in domestic economy and capitalist in foreign trade😁

@loveblindhate9318

20 күн бұрын

Correct. China has to be capitalist in foreign trade because China entered WTO in 2001. Even then, their govt. 'controls the means of production' - both State and 'important' Private owned.

@Andy-P

19 күн бұрын

Mercantilist rarther than capitalist

Dr Kerry Brown understanding of economics is as shaky as his understanding of military strategy. In Capitalism capital tries to find the highest return. In China the state very much allocates capital. SOE's have soft lending constraints and recently been directed to buy land from local authorities to stimulate the real estate crisis. It's the miss-allocation of Capital over the last 10+ years that has led to China's growing debt problem. I'll give Kerry credit in that he did change his view on the 'ease' China which could take Taiwan & defeat America after talking to people more expert than him on the subject. I still remember his article for the BBC around 2015 suggesting it's in Australia's interests to move closer to China for economic reasons and the fact the Chinese military is vastly superior to Australia's.

@ideally6849

20 күн бұрын

How do you explain the 2008 financial crisis? It shouldn’t happen in real capitalism.

@Andy-P

19 күн бұрын

@@ideally6849 Yes it does. It is part of boom & bust cycles. Governments can limit the effect but not stop it else risk stopping capitalism itself. In Capitalism risk can be rewarded, but that can lead to 'bubbles' that burst. Look at western countries and see how they deal with busting bubbles like 2008 financial crisis. America quickly allowing and bankruptcies & restructures. Japan more slowly so takes a lot longer (like China). Other western Governments in between. China stimulated demand back in 2008 with continuing to invest in infrastructure and real estate causing artificial demand. China treating it's current problems as cyclic. Trying to build or export her way out of trouble. Proving difficult in this 'new era' of Geo-politics. Lack of domestic demand is structual.

USA = speculative & services businesses eg bitcoin China = production & manufacturing businesses eg EVs

@Andy-P

19 күн бұрын

Great comment. Though bitcoin isn't primarily what I associate America with and they do a lot of high end manufacturing and innovation

🙏🏼👍🏼👍🏼👍🏼🙏🏼 Clearly, Academically and Most Importantly Fairly Explained. When One Points a Finger at Another, especially In Accusation, Don’t forget that this very gesture itself points Three of One’s Own Fingers Back At Oneself. 🙏🏼👍🏼👍🏼👍🏼🙏🏼

Great video! Can you do more long, in-depth video of China? Maybe some 20-40 min videos remake of one of your videos but longer. Can you do more videos on dynastic China? Is Han nationalism real? Asking this cuz of the rise of Hanfu.

@janehaywardchina

20 күн бұрын

Hello again and thank you for your comment and questions @tuanmfaris4232. The reason the videos are the length they are is because I'm trying to put them out once a fortnight at the moment and that's hard enough given other work commitments, longer videos would take longer to produce. I like the idea of it though, maybe at some point when I have more time.

@Andy-P

19 күн бұрын

@@janehaywardchina I think you got the right balance Jane

@horridohobbies

18 күн бұрын

@@janehaywardchina The ideal length for a KZread video is under 10 minutes. Longer than that and KZread stuffs in a lot of annoying ads. Also, people's attention span isn't that long - you lose a lot of them with longer videos. There is an art to making concise and informative videos. Don't lose your touch. 👍

China has the best kind of capitalism, by virtue of having subordinated capital in the service of meeting the requirements of a socialism with Chinese characteristics.

@Andy-P

19 күн бұрын

That is state directed investment. Not capitalism. Sometimes it works. Chinese EV's being an example.

There are 2 types of capitalism. Ugly one and the beautiful ones. The ugly ones they called it LOBBY and they get elected. The beautiful ones they called it corruption they get jailed.😂

主义是工具，是用来为人类最终达成幸福目标而实行的一种工具，不应该为了主义而主义。每个时代、国家、民族都有自身的局限性，也就是自身的特性。从而需要针对自身这些特性作为出发点去做调整，也就是不能教条主义和拿来主义，这才是最重要也是最难的(所以中国共产党才说现代中国是具有中国特色的社会主义国家) 。人们可以从历史上传入中国的宗教史来观察，这些外来宗教无一例外都被中国化、本土化了。

Although China and the "West" share many common economic principles, I think the main reason for China's spectacular success is due to her financial system which is fairly similar to Japan's until 1998. The US borrows from a privately owned banking cartel with interest at the expense of tax payers. Banking loans are preferentially directed toward financial instruments instead of funding productive enterprises. China's national debt is fairly large but the debt is in her own currencies and if circumstances warrant, the government could write-off the debt. The disfunctional relationship between an "independent" central bank and the executive branch of the government in most Western countries might explain the lack of economic progress in these countries where the ruling elites keep benefiting from the corrupt financial system hugely tilted in their favor. Love to hear your assessment on this topic. Thanks a million for your channel.

@Andy-P

19 күн бұрын

The western financial system for all it's faults is far more developed than the Chinese one and with the rule of law - (except if you are a enemy of America.) If the Chinese Govern is going to write of the debt then who would suffer - the people who will never get paid. In the west the Government would fall. The independence of the banks from the Government stops the abuse the state can make. China's structual economic problems are evidence of that

Working long hours to make ends meet or having two jobs, your choice? China is not "Hotel California".

Well said

I had occasion to look at the latest list of countries joining BRICS... Interestingly, it seems that all countries on BOTH sides of the Red Sea are either "In", are "Joining soon" or are "in discussion" (Saudi Arabia are playing both sides, but it's odds on they choose the winner) That's BRICS control of the Suez Canal. There's a route between Turkey and down to Egypt (not quite all coastal..... Yet) And all countries west of Egypt along the Mediterranean coast, bar Morroco, are "In" or joining. . That's a "politically interesting" scenario.

@Andy-P

19 күн бұрын

Is BRICS a military alliance then? with the attacks isn't Egyptian canal trade suffering and they are a member.

👍🙏🇨🇳🙂☮️🌏❗️

I have shifted from Richrd wolff to you. Thank you very much

@janehaywardchina

20 күн бұрын

Thank you and appreciate your support @ermiasmekonen1363 (I still like Richard Wolff, just don't always agree with his stuff on China!)

@loveblindhate9318

20 күн бұрын

IMO Richard Wolff has better point of view.

@MrMingsyin

20 күн бұрын

I also like Richard Wolff. I think he has good overall understanding of China's economy and its socialism policy. Jane definitely has deeper understanding of Chinese history and culture, so she can discuss more specific topics that many Chinese can't even open their mouth for (including myself).

@loveblindhate9318

19 күн бұрын

@@JS-ih7lu That's because Prof. Wolff is a Socialist, so he look at China economy from Socialist point of view.

@thisiskevin1000

17 күн бұрын

@@janehaywardchinaProfessor Wolff doesn’t have a background on everything Asia

Chinese people do not need ideology; Deng Siow Peng said not black or white cat, only good cat that catches mice.

@Andy-P

19 күн бұрын

I think Xi would disagree. He is working on his idealogy

I feel that many westerners do not really understand China. Many so called China experts made conclusions based on other western China experts. In fact, China is not just an ordinary country, it is a civilization with deep roots dated many thousands of years. In my opinion, westerners need to learn Chinese language to have a better understanding of Chinese culture and wisdom. Better still, you need to stay in China to read and listen in Chinese for a well balanced perspective of society and development in China.

The point of contention here is to identify the Capitalist system which works better to the people, that is the Capitalist economic system Governed by the Corporate Lobbyists or that Governed and controlled by the Communists…That’s the critical part to be inferred out of this podcast…

First of all, there's some validity in what-about-ism. Would you take financial advice from a homeless person? So credibility is important. Secondly, Western countries mostly thrived through genocide, slavery, colonization and exploitation to reach prosperity in the early days. The labor conditions in early 1900s were a lot worse. If the current labor standards were applied to the Western world in 1900s, there wouldn't be development. In other words, it doesn't make sense to criticize poor parents for feeding junk food to their children. That's all they can afford. China will have trial-and-error as there's no pre-existing text for peaceful development of a country with 1.4 billion people.

什么主义重要吗 能让国家富强 人民幸福管它是什么主义 人类几千年没有主义 不是也过来了吗 不要把自己放在一个框里来限制自己的思想 邓小平说过 白猫黑猫抓住老鼠的是好猫