The Key Difference Between Chinese and American Capitalism

An examination of power and capital, and who actually controls policymaking in each country.

This week on 51/49, James talks the differences between capitalism in the United States and capitalism in China, two economic superpowers with seemingly diametrically opposing cultures and values--one representing democracy and freedom and the other authoritarianism and oppression--and examines power in these two countries—who holds it, what are their interests, and how do those interests affect the lives of its citizens.

0:00 Introduction
1:02 Power of Capital vs Power of Government
4:49 Preserving Power vs Protecting Capital
7:01 What Happens to Your Rights?

51/49 with James Li - Commentary on business, politics, and the other things (from an independent perspective)

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