The Industrialization Playbook
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China's Industrial Evolution and Global Impact
This chapter explores China's industrialization journey from the 1980s, focusing on the Communist Party's pragmatic approach and the struggles within factories utilizing outdated technologies. It highlights the shift in manufacturing from the U.S. to China due to free trade agreements and the rise of a new capitalist class in China, which has significant implications for American workers and industries. The discussion also addresses the complexities of tariffs, labor issues, and the need for a reformed education system to support re-industrialization efforts in America.
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