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Predatory Value Extraction Turns the World - Dr. Bill Lazonick, UMass Economics/AIRnet, #314

The DemystifySci Podcast

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The Innovation Factor in Economic Models

This chapter explores the unique qualities of the U.S. economy, including its historical role as a developmental state and its ability to foster entrepreneurship. It contrasts this with the economic strategies of China and Russia, analyzing how China’s capitalist transformation contrasts with Russia's predatory economic patterns.

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