Intelligence Squared U.S. Audience Does Not Agree That “China Does Capitalism Better than America”

ORVILLE SCHELL:

“Who would have thought five or 10 years ago, that we would be sitting here tonight even having this debate, that there would be any kind of equilibrium even to discuss between these two great economic systems.  No one. …And I think everyone in this room should acknowledge that despite all its imperfections, despite the human rights questions, despite all of these other things, that what China has accomplished, as counterintuitive as it was, no one could have predicted it, is pretty extraordinary.  Something has been working pretty well.  We don’t know where it’s going to go in the future, and all we can do is sit and wait.  But if we want to fix something, we’re not going to fix China.  The question is are we going to fix ourselves.”

via Intelligence Squared U.S. Audience Does Not Agree that “China Does Capitalism Better than America” | Cision Wire.