Xiaomi Has a Luxury SUV for $31,000 That All Western Brands Should Fear

Damn, never though I’d say this, but I think China is gonna save capitalism from itself.

China is better at capitalism than the US is.

The United States greatly prefers that corporations be in charge of the government to governments being in charge of corporations.

Not much difference in the outcome for the general population.

That‘s a reach, if I ever saw one. China lifted more than 800 million people out of poverty, and in fact eradicated poverty at all. Last I heard, their standard of living just closely missed being in the high income countries category. Their trajectory is in complete contrast to the declining Western empire.

China is better at capitalism, because it‘s their only play to stay sovereign and overcome this predatory system completely. They have to prove to the capitalist world, that their system and long term development is superior and it‘s only beneficial for the world to follow their transition towards socialism to enable prosperity for all humankind, not just the global north. Not gonna happen under capitalism, especially not under the US or the EU.

Thank you for coming to my TED Talk.