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  • they have a huge misconception that the people in China, like, feel deprived of freedom and lorded over by some fascist dictator.

  • And in China, people are just focused on.

  • I mean, the people that I know, which is a subset of the Chinese population, which is mostly two sets.

  • I guess it's relatively educated people involved in the tech economy.

  • And then I know people in my wife, some village and envoy province who are rural farmers, right.

  • But they're Han Chinese rural farmers.

  • So I don't have a lot of friends, like among the Muslim population in Jinggang province, where a lot of unpleasant things seemed to be happening right.

  • But among the segments of China that I have anything to do with, people are very nationalist, as much is in the US They believe China is the best country in the world and things are better off there than anywhere else.

  • They think the government has pluses and minuses, but overall they're happy because it's been making China richer and richer for their for their whole lives.

  • And China is the most capitalist country on the planet, so I mean, the people there that I know we're mostly concerned with.

  • How do I make more money high, though I start a new business and make it successful and very family?

  • Or, you know, like, how do I take care of my parents and my kids?

  • And they are not focused on politics.

  • They would rather not think about politics, are you or deal with it at all.

  • They don't see the government as very intrusive into their lives.

  • The thing is, the Chinese government, they want to support capitalist entrepreneurial activity.

  • They want to support people having you know robust, happy and healthy family lives.

  • As long as you ignore politics, it doesn't feel heavy handed in in any way.

  • If you try the do political organizations or if you put like in Chinese language, something on the Internet that's against the government, then you'll run into some unpleasant things from the Chinese government, right.

  • But as long as you avoid that which most people there are very willing to do, then very comfortable life rapidly increasing wealth and are really healthy entrepreneurial ecosystem like if you want to do ah software, start up.

  • That's right, nowhere better in the plant in Beijing if you want to a hardware start up.

  • There's nowhere better in the planet than in then.

  • Shengjun.

  • Knowing my wife, some village and on white profits is not a lot of tech people, but so many people have made themselves rich.

  • Would like real estate, remodeling your property companies or something, something like that.

  • So I don't think people understand how capitalists and entrepreneurial the whole vibe in China is, nor how nationalists the Chinese are, like, really believing and feeling like there are there on top of the world, right?

  • And, like historically 5000 years, most of which they were more advance in the rest of world.

  • They had a few 100 years of being backwards, another taking their rightful position at the top again.

  • It's interesting.

  • No capitalistic than America, by far.

  • Yeah, sure explained that.

  • Well, America's fat and lazy and comfortable right, Chinese air like hungry.

  • Yeah, they're hungry and they're and they're rising.

  • But I think Chinese have been merchants and capitalists since forever, so I mean, that's really in.

  • That's that's in the cultural DNA to a huge extent, and Deng Xiaoping in the 19 eighties, when they started like you know, communism and capitalism with Chinese characteristics that was way more of like a quiet revolution than people outside China realized it wasn't formally a revolution.

  • But I mean, it was another change in the way things a little cowboy.

  • Things are the way things are organized.

  • It's really what's happened there since the eighties is really nothing to do with Maoism, even though my mouse faces is on the money and I think people think China is communist in some way, they can understand.

  • But it's, Ah, it's not about that anymore.

  • It's a new form of of government and the new type of like state directed capitalism, which would just have no model for in the West.

  • And one of the beauties of that system is no.

  • They're able to plan 5, 10 2030 years in advance in a very coherent way where it's an electoral democracies, which I still prefer emotionally being in American.

  • But in electoral democracies, it's hard to do planning beyond the election cycle, right, and that's a problem.

  • China isn't okay, either, into solar power and renewable energy there into robotics air into nanotech on their able to plan these things decades in advance in a coherent way, and that that's that's a very significant advantage, right?

  • China is run by engineers, where it's us is run by lawyers and the UK is run by morons.

  • US is, too.

  • Which is a problem, right?

  • I mean association thing, very smart guy.

  • And he's got, like, a whole organization of smart engineers around him who were like figuring out the optimal way to design the society.

  • And you know what disciplines to the universities fund students to be in which state owned companies in which disciplines get money.

  • So, you know, in Guangdong Province now in many parts of China, if a real estate developer wants to develop a new office complex, there's strong pressure from the government toe.

  • Have a couple I robotics or advanced technologies in that office complex.

  • So this pushes the people, the property developers, to fund a i companies so that so they're having their company in their office complex, right, so that the government just says all sorts of it's probably not the most efficient use of capital, but it gets their agenda.

  • Yeah, yes, they're very complex.

  • It's 1.5 billion people.

  • It's and there's still corruption, and there's a lot of inefficiency there, but the government is very clever at figuring out, like within the system we have now.

  • How do we nudge things in the in the direction that we need to go in?

  • And it's not as top down as you would think So like this mechanism I just described Now, on the one hand there some inefficiency.

  • On the other hand, it's encouraging, you know, the holding companies that own property funds to be thinking about AI, and then it pushes the investment local in that sense, right?

  • So it is very subtle, But thing is, they're embracing I robotics, nanotechnology, ill energy, biotech all these things in a huge way that the West can even imagine.

  • And they're putting a significant percentage of GDP into these advanced technologies.

  • Worse, the US is like fasting about building border walls, and UK is like fussing about How do you deal with tariffs after a no deal Brexit or something?

  • China isn't chasing its tail around in circles like that.

  • China is thinking like How did we dominate Ai nanotech biotech and robotics 25 years from now?

they have a huge misconception that the people in China, like, feel deprived of freedom and lorded over by some fascist dictator.

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THE CHINESE ECONOMY: Why Dr. Ben Goertzel Believes That China Is The Most Capitalist Country

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    林宜悉 posted on 2020/09/07
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