I’m not suggesting we emulate the Chinese economic system. I am suggesting that we not be smug about the American economic system.
Instead of trying to get China to change, we should lessen the dominance of big American corporations over American policy.
China isn’t the reason half of America hasn’t had a raise in four decades. The simple fact is Americans cannot thrive within a system run largely by big American corporations, organized to boost their share prices but not boost Americans.
via America’s Biggest Economic Problem Isn’t China | The Smirking Chimp
