Episode 2176: Peter Phillips on why State Controlled Chinese Capitalism is more Humane than the Free Market American Model
Keen On America

Episode 2176: Peter Phillips on why State Controlled Chinese Capitalism is more Humane than the Free Market American Model

2024-08-30
According to the Californian political sociologist Peter Phillips, American capitalism is facing an existential crisis. In his new book, Titans of Capital, he argues that the concentrated wealth of investment companies like BlackRock and Fidelity not only threatens human rights and democracy, but also the future of planet. Perhaps. But where Phillips really goes out on a limb is to argue that the Chinese state controlled model of capitalism which, he says, has brought hundreds of millions of people out of...
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