Some say China is socialist, others say it's capitalist, let's just say it has a mixed economy. A middle income country, I'm hoping that one day it will be rich enough to be able to have a European style welfare state system.
This video is a story about China, past to present. But in telling the story of the Rise of China (and Asia generally), it's impossible to not talk about fundamental lessons that have emerged. In this video I try to tell the story but then also look back and at the result of it all. To examine the data and see what effects our global economic system has had on people and the planet. The data is clear that our model of capitalism has some major winners. But it also produces some important losers, those who have lost out or have been damaged by these trends. One major loser of the this system is the future generations of people who will live on a planet with more extreme and volatile weather and ocean patterns. All of this calls for a rethinking of our capitalism. Not to scrap it all together, but to upgrade it to a version that benefits all of society and doesn't threaten our planet and future generations.
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