Heirs of Mao’s Comrades Rise as New Capitalist Nobility
How the ‘princeling’ descendants of Mao’s ‘Eight Immortals’consolidated unimaginable power and wealth in the New China.
How the ‘princeling’ descendants of Mao’s ‘Eight Immortals’consolidated unimaginable power and wealth in the New China.
Shai Oster, Michael Forsythe, Dune Lawrence, Henry Sanderson Bloomberg Jan 2013 25min Permalink
On the theft of 6 million pounds of maple syrup from Canada’s strategic reserve and the group of free market renegades who are fighting “The Maple Wars.”
Brendan Borrell Businessweek Jan 2013 10min Permalink
Our current late capitalist moment, as seen through the eyes of an express-delivery driver.
"The driver chose a thirty-two-ounce Pepsi with a double vanilla shot and a jumbo popcorn, waiting to pay behind a man who, at 6:09 A.M., was purchasing a travel-sized laundry detergent and two lottery tickets. Headlines on morning newspapers stacked on a rack referred to developments in several wars, but the driver never talked with his friends about wars. They did talk a lot about combat video games. The driver hurried on his way to the distribution center, knowing he'd be docked an hour of pay if reporting more than three minutes late. "
Gregg Easterbrook Byliner Jan 2012 Permalink
In mountainous Wenzhou “the emperor is far away” and the freest of markets reign.
Bradley Gardner Reason Dec 2011 15min Permalink