This new edition of Liberty Law Talk discusses with professor and author Minxin Pei how the nexus of corruption between businesses and officials within the Chinese Communist Party is negatively shaping the country’s current trajectory in economics and foreign policy. Much conventional thinking holds that China’s economic rise will continue unabated, but Pei’s account breaks with current wisdom by focusing on a decadent ruling class mismanaging China towards disaster.
Corporate behavior evinces the dominant beliefs of society. In China, those beliefs are not pluralistic. And that is increasingly the case in the US.
Is it really in America’s long-term economic interest to disengage from a market of 1.4 billion people and one of the world's largest economies?
