There's no point denying that, certainly in the developed world, there's been a rise in consumer capitalism, that's just a truism, but thrift hasn't declined.
To some it represents a new model of state capitalism: “a Beijing consensus” to rival the “Washington consensus” first identified by John Williamson of the Peterson Institute for International Economics.
Ethiopian leaders instead believed that an activist state was required in order to marshal the development of capitalism and raise productivity, as it had in parts of East Asia.
But it also reflects an assumption that has underpinned the Trump administration's attitude to China from the beginning of the trade war: that this approach will yield results, because China's steroidal state capitalism is weaker than it looks.
1986 1986. And Margaret Thatcher wanted the whole country to take part in capitalism and buy shares in this soon to be privatised industries that feature people who are going " Tell Sid, tell Sid" .