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Freakonomics Radio

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

Nov 4, 2021
55:44

Podcast summary created with Snipd AI

Quick takeaways

  • China's corrupt meritocracy challenges conventional corruption perceptions.
  • Legalized corruption in the US echoes historical Gilded Age practices.

Deep dives

Understanding China's Political System

China's political system is described as a corrupt meritocracy by Uan Uan Ong, a professor of political science. In her analysis based on prosecutorial data and government figures, Ong questions how an economy like China's can grow rapidly despite high corruption levels. She compares corruption in China to the US during the Gilded Age, highlighting the evolution of corruption and its impact on economic growth.

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