2min chapter

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481. Is the U.S. Really Less Corrupt Than China?

Freakonomics Radio

CHAPTER

China and the Gilded Age

There is a pattern in the evolution of corruption and capitalism. It's not true that corrupt on disappeared as countries became richer. Instead, it evolved in structure and form and became more sophisticated. And china is still a newcomer in this process. The old industries are now being faced out. We should understand the relationship between china and the us. Not as a clash of civilizations, but as a clashed of two gilded ages.

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