2min chapter

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Is the U.S. Really Less Corrupt Than China — and How About Russia? (Ep. 481 Update)

Freakonomics Radio

CHAPTER

The Chinese Economy Derives Its Wealth From Global Integration

Oligarchs derive their wealth purely from monopolizing the state's assets. They are simply exported to countries overseas, but do not generate domestic innovation at home. Ang s that russia can afford a level of blatant aggression that china cannot.

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