Why are American elites more aligned with venture capital and...

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2025-10-04 03:12:19 - Translate -

Why are American elites more aligned with venture capital and Silicon Valley startups, while Chinese elites favor state-backed giants?

American elites are aligned with venture capital and startups because their political economy is built on a decentralized, private-sector-led model that prioritizes competition and innovation. Chinese elites favor state-backed giants because their system is a centralized, top-down model that prioritizes national security, social stability, and global technological dominance. The American...

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