China’s Gilded Age | The Economics of China Episode 5

[@LuisAldamiz]

Prof. Ang is very wise and explains things extremely well. I don't miss a video, totally worth it.

[@vwati]

As a Nigerian who has been following this lecture i already guessed, absent any data, that Grand theft will be the biggest form of corruption in Nigeria and @ 14:37 i was proven right.

[@oxvendivil442]

For me I use Mean average IQ of the population. High MAIQ means the population will not tolerate petty corruption by non-elites while grand theft corruption are dealt with eventually, elite access money corruption are actually tolerated until it becomes too much and there is backlash either from the market or the people. Low MAIQ populations tend to tolerate petty corruptions in their daily lives because they don't concern themselves with the repercussions, all types of corruption are tolerated and the state fails, only to be replaced by another set of elites that will repeat the process until the state breaks apart into smaller states in which the effects of petty corruption and all types of corruption are more immediate, palpable and visceral that even low MAIQ populations are forced to react and the situation is fixed to some extent, this is more effective if the borders are not porous and the population is forced to solve its internal problems or perish.

[@octagonPerfectionist]

sounds like something a national socialist would say

[@conw_y]

Great series! Thanks for spreading knowledge and not dogma.

[@hodjepodje1]

Excellent video and series many countries and societies find ways to legalize their corruption and even enforce corruption with force.

[@psycadelic2009]

Cool corruption index. Very interesting.

[@genocidegrand2057]

hope you put videos on each big countries corruption index. especially the big economy or population like indonesia and other countries

[@mukeshsharma-iq8dp]

Prof Ang, i am really impressed with your impeccable intelligence!! YOU ARE 100% Amazing!!🙏

[@dbmorganizing]

“Chrony capitalism” is just capitalism. In all eras and at all stages of development “speed” and “access” bribes exist because capitalism’s goal is self-interested profit making through the commodity form. Capitalism is seeking development through anti-social behaviors and goals. Eventually “access” money leads to political capture once the wealthy decide to just become rulers instead of bribing them.

[@johndoh1000]

We call access money lobbying in America

[@keeseongng685]

Hope U Have Conscious Telling The News About China. 🤔🤔🤔🤔🤔🤔🤔🤔🤔

[@keeseongng685]

Speak Well...Perhaps Time For U To Talk About The Corruption In USA & Its Government With Private Sectors

[@gilberttello08]

👌👌 Philippines

[@horridohobbies]

You're not suggesting that the USA did not, and does not, have corruption, are you? Corruption in America is *_institutionalized._* It's built into the political system. Campaign financing and lobbying are examples of legalized bribery.

[@patbyrneme007]

Professor Ang raises some useful points, I wish she would drop this trite analogy between the Gilded Age in the United States at the end of the19th Century and China today. There are so many fundamental differences between the structure of the two societies, their ideologies, the role of the state, foreign policy etc. that the comparison just doesn't stand up. Unfortunately, it is a common curse among academics to try to create such "clever" but unsustainable comparisons. Her points about how China works would be much more useful if she stopped trying to shoehorn them into this ill fitting comparison with America 130 years ago.

[@tonglu3699]

Many of the most important discoveries about the nature of human behavior were done through experiments on rats and pigeons. There are insightful commonalities, but of course you cannot extend those to most aspects of these animals' lives, let alone to the entirety. The opposite is also true: just because you cannot extend a comparison to its fullest, it doesn't mean many insightful commonalities cannot be found and used for a deeper understanding. As for a more extensive comparison of modern China in its nature as a nation, I often cite the point of view from an American friend of mine - he think that among historical eras in different nations, Bismarckian Germany was the most comparable to modern China.

[@jimmynickles828]

History doesn’t repeat, but it rhymes. The comparison is an interesting and compelling narrative.

[@j562gee0hdeewestsdegethemuLa]

Scary azz 😂

[@NeidlichesSchwert]

Horribly written. When you can't write using correct grammar, facetiousness gets taken to a new level.

[@LuigiSimoncini]

What a messy/confusing narrative and "explanation" . Why does she have to introduce terms (eg access money) and define then several minutes later? Bad bad teacher.

[@redhidinghood9337]

Seems like the video is meant for people holding a higher degree of basic knowledge. Can't always be making dumbed down content..

[@tonglu3699]

It's standard academic practice to open with an abstract of your main findings and then elaborate on details, including definitions of terminology. Admittedly, it's not always how you want to structure a lecture for students, but more for peer reviews.

[@jimmynickles828]

Come on ‘access money’ doesn’t need much explanation.

[@danielboey14]

You are a low comprehension student. Don’t blame the teacher

[@danielboey14]

You are a low comprehension student. Don’t blame the teacher