“For all appearances, China has emerged unscathed from the global economic crisis, in stark contrast to its biggest debtor, America. China’s admirers point to its ability to mobilize state resources, quick decision-making and business-friendly environment as reasons for its economic ascendency. But can its brand of state-directed capitalism overcome rampant corruption and the threat of growing inequality, or will the American model of innovation and free markets prevail?”
Source: FORA.tv and Intelligence Squared.
For the Motion:
Orville Schell, Director of the Center on U.S.-China Relations at Asia Society
Peter Schiff, Investment Advisor & Radio Talk Show Host
Against the Motion:
Ian Bremmer, Founder/President, Eurasia Group
Minxin Pei, Professor of Government at Claremont McKenna College
Watch the debate here.
China Does Capitalism Better Than America from Intelligence Squared U.S. Debates on FORA.tv
Vijay Vikram
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