Separation & Unity 1/6

Separation of Power & Wealth As China enters what is very likely to be the defining century of its history, an increasing number of observers—friendly, hostile, or simply curious—are asking the same question: what has made China successful? Some will point to luck: historical timing, global shifts, or the exhaustion of older powers. Others willContinue reading “Separation & Unity 1/6”

Two Identical Charts, yet Two Different Societies

Let’s talk about these two identical charts I have in front of me. Both of them show wealth distribution: one represents the U.S., the other represents China. What do these charts tell us? Well, they show something quite revealing—about both countries. In each, the top 1% holds a lion’s share of wealth, and the bottomContinue reading “Two Identical Charts, yet Two Different Societies”