How China Became So Powerful
 | BWG
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How China Became So Powerful | BWG

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It’s a story of a certain type of capitalism If you want to learn more, check out this article from the WEF https://bit.ly/39s92kl or for a deeper dive, the full book was … .

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44 thoughts on “How China Became So Powerful | BWG

  1. Nope! I don’t believe this stakeholder capitalism will prevail for a long run, besides damaging the planet while attempting to fight inequality it will be still having their goals in infinite growth which is insane!!! The future will be an Economic system based in resources and the ability to make those shareable by the humanity.

  2. Honestly I don't think a global temperature increase of 1.5 degrees will be that bad. Yes there will be side effects like increased natural disasters but it also means that large areas of the world in Russia and Canada will become warmer and will be able to produce more food. So I think it will balance itself out.

  3. to be clear , Mao is a great man to Chinese, for he made the plan to build and thrive china's industry, making sure that every poor in PRC which was just founded was able to get fed

  4. China's success is Not blindly follow the BEST model, but adopt and adapt to its own social and economic environment. You can still think YOU ARE RIGHT, nobody can wake you up, just will be left behind

  5. without Mao and the revolution of Chinese people, we would still have UK, France, the USA, Germany in the middle kingdom ruling and giving opium to Chinese people, thx god Mao exist!! !!

  6. The west grew their economies over the last century by dealing enormous damages to the nature. And now when other countries trying to pull themselves out of poverty the same way, the west be like: "hey, don't do it, think about planet!" Don't you think this is unfair?

  7. China help much in africa..but before that africa loot so much all the resources by the U.S and all European nation. No one care for them.. Before all u heard from africa is hunger killings and slavery by US and EU..u cannot care about their history. And China here now.
    Is to care much in african nation..they help no slavery. All african nation starts to boom with the help of russia and china… In history no nation conquered and to be slave by china.. Only U S and EU nation.

  8. The Elephant graph is bias graph deliberately crafted to pitch a very specific narrative, wanted the West to believe that they are the "loser" or in decline.

    If you were to plot the raw data of Income versus Years, (where Elephant graph is derived) , u will see the West (50-80%) is already at a very rich position for long time, many time richer than rest of the world, and stil is today. At such a high position it will not just keep going up without limit, hence the plateu or slower rate of growth. Asian are still developing hence the high percentage of growth, yet average income of any Asian as of today are stil many times lower than an average Westerner.

    Hence I think the narrative "Loser or Winner" not accurate and is a very dangerous pitch. It would be phrased much better if you use the term "Developed or Developing"

    Also you have to bear in mind helping Asian (and rest of world) to be developed into the status as you guys in the West doesn't make you a loser. It's a win win, as growth are mutual if businesses cooperates. Asian don't buy Zero sum game, so I hope the West can ditch the imperialistic past. The West never lost, Asian and rest of the world never won, everyone is equal, we are just developing at the very late stage.

    And guess why the developed nation (50-80%) had thier income stagnate? That because of the top 1% rich getting richer under unregulated capitalism, which is the flaw that new capitalism model need to adopt at this advance stage. Especially prevalent in the US. If both cooperate everyone will experience growth, however when this happen the wealth always amass into the top 1% (this explain why the the tip of the elephant nose is so disproportionately higher, because is built on the expense of the trunk)

  9. Is systematically murdering ethnic minorities, organ harvesting political dissidents and using slave labour stakeholder capitalism too?

    Asking for a friend.

  10. I’m in finance and To be honest I don’t really believe corporations, I.e. controller of capital would actually work for the benefit of the overall benefit of the society. They would still want to maximise the profit, social responsibility is always going to be a label they put on but they won’t do enough.

  11. Got to unsubscribe after this one Johnny. It really hurt me when I found out because you were one of the best creators out there. I’ve been watching your videos since you were with Vox and I thought that you were incredibly courageous and brave for going independent. You were a role model.

  12. Y'all make it seem like the government only does good things. lmfao Y'all must be slow. The government only does a few things well, and that is spend money, lose money and kill people.

  13. I know that this video got a lot of push back and that people are mad about your sponser and I think they have a point about transparency, but y'all stupid if you really think that equates to socialism is a good thing. Shady sponsor or not, Capatalism > Socialism. Blaming Capatalism for the environment is like blaming me for being named Clay. I didn't have a choice in the matter. But now that I am older and an adult I have the ability to learn and change my name. Businesses didn't know about the environment. Now they do and they will quickly adjust to tackle that with CAPATALISM .

  14. You started as a great journalist and I usually love your videos but partnering with the likes of WEF or Davos is a dangerous road and when journalists lose their credibility – there is really no coming back from it.

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