2min chapter

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#174 – Tyler Cowen: Economic Growth and the Fight Against Conformity and Mediocrity

Lex Fridman Podcast

CHAPTER

Is There a Government That Takes Care of Everyone?

The Chinese Communist Party Post-Mao dismantled what was called the iron rice ball. The economic rise of China coincided with the weakening of welfare. They've been fantastic at building infrastructure in cities that will attract people from the countryside. And furthermore, they more or less enforce a meritocracy in this sense.

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