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China Does Capitalism Better Than America

Posted

June 12, 2012

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For all appearances, China has emerged unscathed from the global economic crisis, in stark contrast to its biggest debtor, America. China's admirers point to its ability to mobilize state resources, quick decision-making and business-friendly environment as reasons for its economic ascendency. But can its brand of state-directed capitalism overcome rampant corruption and the threat of growing inequality, or will the American model of innovation and free markets prevail?

For: Orville Schell

For: Peter Schiff

Against: Minxin Pei

Against: Ian Bremmer

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China Does Capitalism Better Than America · Open to Debate · Sentinel