Why America’s Capitalism Is Better Than China’s

Why America’s Capitalism Is Better Than China’s

By Katy Waldman — March 13, 2012

About three-fourths of the way through Tuesday’s Slate/Intelligence Squared Oxford-style debate on whether China does capitalism better than America, one audience member stood up to request a clarification of terms. How, she asked the panelists on stage, do you define capitalism? She struck a nerve.

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