Further reading on China’s investment in Africa … and what it means

Originally posted on TED Blog:

At TEDGlobal 2013, Dambisa Moyo shares a shift afoot in Africa -- that with increased Chinese investment in the continent, people are beginning to see their economic system as the ideal. Photo: James Duncan Davidson

At TEDGlobal 2013, Dambisa Moyo shares a shift afoot in Africa — that with increased Chinese investment in the continent, people are beginning to see their economic system as the ideal. Photo: James Duncan Davidson

In today’s talk, Zambian-born economist Dambisa Moyo describes how China’s growing presence in Africa is challenging a centuries-old tenet of Western political thought.

 

[ted_talkteaser id=1842]For more than 200 years, Moyo argues, liberal democracy has ruled the roost. Particularly in the West, it’s long been considered the political system most likely to deliver economic success and social development — a system of political rights, enjoyed by individuals, this line of reasoning goes, is the necessary bedrock for market-driven growth and prosperity.

But Moyo points out that China has turned this idea on its head: China’s state capitalism has propelled the country’s explosive growth without extending expanded political rights to its citizens. In this provocative talk from…

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One thought on “Further reading on China’s investment in Africa … and what it means

  1. ztoa

    Democracy was never the reason that West became strong, science was the reason. Both democracy and human rights are anti-scientific management.

    Science is in the hands of very few scientists, against the essence of democracy.

    With the modern understanding of human right, optimization is impossible.

    BTW, western system nowadays is different from it was before 1960s. Before 1960s, it was impossible for several dozens of people to block a government plan that would benefit hundreds of thousands of people.

    Reply

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