Could we in fact be seeing the conditions for the further radicalization of capitalism? German philosopher Peter Sloterdijk once told me that, if there is a person alive to whom they will build monuments 100 years from now, it is Lee Kuan Yew, the Singaporean leader who did more than anyone else to promote and implement the marriage of capitalism and authoritarianism — an arrangement he euphemistically referred to as “Asian values.” The virus of this authoritarian capitalism is slowly but surely spreading around the globe, nowhere more so than China.
  1. varanine posted this
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