The Conversation

Capitalism with Chinese characteristics

Author: The Conversation USA

EPA/How Hwee Young

Capitalism is, as the Marxists used to say, full of contradictions. It may well be the greatest wealth-generating machine ever invented. But it is famously volatile, unpredictable and prone to cyclical booms and busts – just ask West Australian Premier Colin Barnett.

But while political leaders in countries like Australia...

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