Clash of Two Gilded Ages | The Economics of China Episode 6

Despite their great power rivalry, America and China are more similar than most people think. Both are living through a Gilded Age and struggling to end the excesses of capitalism.

In Episode 6, Professor Ang shows us that while the U.S. and China are similar, this does not mean they are identical. America is a democracy, whereas one party rules China. Thus, the two countries are pursuing progressive reforms very differently.

Produced by Matthew Kulvicki, Nick Alpha & Kurt Semm

[SillyLittleAshTree]

I've found these lectures very interesting.
Most of all, I'm glad I've found something I can share with friends and family which shows a high degree of unbiasedness.
Before, I mostly didn't share content about Chinese progress because most of what you found was noticiable biased either way.
Or was either too dense or too scattered, and not easily shareable.
These videos are self explanatory.

[s.]

Professor Ang’s incisive thoughtful and impartial analysis to US-China relations is what we need to produce policies, goods and services essential to well-being.

[erinmac]

Fascinating lecture that brings a new perspective to the situations in both China and the US, as well as to how we can frame the similarities and differences of the two. It is much healthier to analyze objectively, than to take the emotion based stance of "culture war." Although it should be noted that the beautiful words and ostensible goals of both governments are only as valuable as their actions. Both systems continue to have strong versions of their own brands of crony capitalism and structural inequity.

[HarryMonn]

Love to watch balanced content on US and China that doesn't blindly hate one side.

[branislavdinic]

Really nice series. The only remark I have is that Professor Ang appears to believe that the so called US democracy does work in general. In sense of respect of individual rights, and similar.... Personally, I do not think that is the case. I would say USA is more a plutocracy than a democracy.

[jmmbuthia]

Great series of lectures. I'm enjoying them as someone from the global South because I resonate with the ideas expressed. This lecture reminds me of what Yanis Varoufakis says all the time, capitalism will eat democracy. In this case capitalism will eat any form of government if not managed well

[joellaurenceau]

I am really enjoying this series. I watched #4...(Use what you have) 3 times. Thank you professor Ang.

[henryfield]

Thank you much appreciated! Always nice to hear a refreshing well thought point of view deserves consideration.

[abelangjq]

went down the ang yuen yuen(cheers fellow singaporean and ang clans-kin) yt rabbithole... should have her on again for another series if possible, insightful, refreshing, informative

[dbmorganizing]

Capitalism’s goal is self-interested profit making through the commodity form. Capitalism is seeking development through anti-social behaviors and goals. Eventually leading to political capture once the wealthy decide to just become rulers instead of bribing them.

[shalinikala]

Thanks prof. Really enjoyed watching this series, so well thought through. From my non-specialised knowledge it seems that the "rival" position is more of an American idea, China on the other hand seems more focussed on strengthening its economy without getting into the optics of a rivalry between two great nations. Even when it seems like China is criticising America, it is only reacting to statements made by the American government. Don't know if that is the right perception.

[pldevries]

Masterful insights here. There US and China are fighting the same battle, to modulate capitalism to serve the public good, in very different ways under two very different political regimes.

[flow]

Very well articulated and superbly researched lecture. Additionally, it seems to me, given the metacrisis confronting global humanity and ecology, we, the people of the planet (our shared global plantation) likely would prosper most by setting aside “clash” in favor of cooperation. Agreed?

[destubbed]

Thank you Thank you. So much sanity might I thought bring youtube to blow up but no you just travel along the honest truthful path. Thank you. We know through recent break thoughs on the fairy tale rationalizations of humans so this makes your talk be accepted as holding possible truths we have forgotten or mislaid. Thank you

[NickGecko]

I love each time she says that present day China is exactly like Usa in 1865-1900 because in my view it's exactly the same thing in almost all present western countries, usa included, after Thatcher.

[nahlene]

What's with the thumbnail? i know China is usually associated with Dragon or Panda, but why an OX for the US?

[falkland]

A dragon and a calf. Emmm, the cover image looks like something from the Revelation.

[yuriisubanda]

Excelente! Sólo faltó mencionar que más de 300 millones de chinos del campo fueron sacrificados para construir la nueva China y abultar los bolsillos de las multinacionales occidentales

[koa]

This Picture Show Myanmar Geopolitics CN💪💪💪

[jaytso]

Comparing apple and orange.
One is a nation state, the other a civilisation state.