07-14-2007
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#29 (permalink)
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Creating
Location:
North of Sydney Australia
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Re: Why are 'things' from China so cheap?
Quote:
Sunday 01 July 2007
Listen Now - 01072007 | Download Audio - 01072007
Will Hutton on The Chinese Bubble
China's titanic rise is the biggest news since the Industrial Revolution. Developed nations are in awe. Some, like the United States, are in fear.
However, according to writer and long time China-observer Will Hutton Western anxieties are misplaced. Hutton sees China sitting on the edge of a very deep precipice. He cites endemic corruption, environmental depredation, widening inequality, and insufficent job creation as just some of the challenges threatening to bring China undone.
Join us for a spirited naysaying of the Chinese revolution, with Will Hutton at a business breakfast in Sydney.
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Big Ideas
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"Unemployment is capitalism's way of getting you to plant a garden."
~Orson Scott Card  |
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