312 | Christopher Marquis: How China's Communist Roots Shape Its Economy, State Party, and Xi Jinping's Ambitions
The Realignment
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Liberal Democracy vs Autocratic Communism
The 20th century can be framed from a conventional wisdom perspective as liberal democratic capitalism versus autocratic communism and of history in the 1990s. I think that China cases have really proven that assumption to be wrong, says Molland Markets founder Peter Molland. "It's difficult to think about what the alternative theory is," he adds.
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