2min snip

"Econ 102" with Noah Smith and Erik Torenberg cover image

Explaining Kamala’s VP Pick, the US Economy, Venezuela’s Fall and China’s Rise

"Econ 102" with Noah Smith and Erik Torenberg

NOTE

Cultural Echoes in Consumerism

China and the United States share cultural similarities despite their distinct histories, largely due to both nations seeking to fill cultural voids created by their respective pasts. China, having undergone a forceful cultural destruction by communists, mirrors the United States’ lack of a singular ancestral culture, which arises from its immigrant foundation. Both societies, while large and influential, are attempting to replace lost cultural heritage through capitalism and consumerism, unlike countries with continuous cultural lineages, such as Japan and Korea, which maintain stronger ties to their traditions.

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