Thursday, October 18, 2012


...note that when the meme of Chinese superiority with respect to "Capitalism" (whatever that it certainly does not exist on this planet) seeps so deeply into academia that someone sees the need for an ENTIRE BOOK bearing a preposterous premise, its only a matter of time before something dreadful happens.

While the West struggles, China's economy continues to grow. In her new book, Maonomics: Why Chinese Communists Make Better Capitalists Than We Do, Napoleoni charts the ascent of the Chinese economic miracle and the West’s misconception of China and its economy, even as we acknowledge its growing influence and importance. Are we witnessing the beginning of the collapse of capitalism and the victory of “communism with a profit motive”? What lessons in economic development can the West learn from China? Please join The Chicago Council and Loretta Napoleoni as she discusses the economic revolution that is shifting the balance of power to the East.

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