Thursday, January 12, 2012

On China-Part 2: Is China a bubble? What about all those poor Chinese workers?

This is a "before and after" picture of Shanghai that we found via the Atlantic magazine. It depicts the city's extraordinary growth within the last 20 years (1990-2010). When the Berlin Wall fell, a whole new world was assimilated by the capitalists: The countries of the former "Soviet bloc" and, of course, China. We have already discussed... Read...
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