6min chapter

Macro N Cheese cover image

China and the Labor of Reinvention with Lin Zhang

Macro N Cheese

CHAPTER

The Importance of Private Property in China

I come from more of a socialist perspective, and I celebrate China's trying to undo. But there's an element here of seeing private property and what I would call an objectivist, ain-ran view of society that has seeped into almost every crevice of social order. My critique of the US-based capitalism is far too few win and far too many lose. The price of failure in the US frequently is death and poverty. And China, what is your critique of this path forward there choosing entrepreneurship in a country that has come from Mao? It's a little different than where we've come from. This country started in the backs of indigenous people, but it also started with

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