In China, Rent Seeking Is Where You Made Your Money

One reason we don't punish bad governants as often at the poles is thi sense of apathy that the state will always be dis functional. Just do your jugar and get on with life. So people would think in this zero some way, whereas pagoti's point was that in china it's more a positive someway. The idea that the communist party, and again, i'm making a very broad brest stroke here. That has been the motivation. I think t there is a change, definitely, that took place in the late 19 seventies and early eighties. What you will see is lorte sort of struggle in China, in terms of social mobility

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app