
China’s Economic Rise: Industrial Policy, State Control & Global Power with Dr. Jostein Hauge
New Enlightenment
00:00
Navigating Industrial Policy: China and the West
This chapter explores the complexities of industrial policy and economic development, focusing on how countries like China balance state intervention with market forces. It challenges common perceptions of the U.S. as a free-market system, emphasizing a shared neo-mercantilist approach with China and discussing the implications for global innovation and welfare systems. The dialogue advocates for a balanced understanding of China's contributions and the geopolitical landscape, stressing the need for open discourse on governance and legitimacy in both Eastern and Western contexts.
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