What's up, everybody?

My name is Demetri Kaffinus, and you're listening to Hidden Forces, a podcast that inspires investors,

entrepreneurs, and everyday citizens to challenge consensus narratives and learn how to think critically

about the systems of power shaping our world.

My guest in this episode is Kyle Chan, a researcher in the sociology

department at Princeton University, and an adjunct researcher at the RAND Corporation where he

focuses on industrial policy, clean technology, and infrastructure in China and India.

Kyle and I spend the first hour of our conversation discussing the nature of China's

industrial model and dispelling misconceptions about the historical basis of economic prosperity

and the reciprocal interactions between the state, financial capitalism, and the market

economy that are primarily responsible for enabling the sorts of technological

revolutions that have transformed our way of life over the last two centuries.

In the second hour, we delve deeper into China's development model with a focus on what

lessons can be applied to the U.S. today and what sorts of policy choices we should be making

that are both obvious, that

have bipartisan support, such as investing in research and development, forging strategically

important economic ties with other nations, and creating a welcoming and attractive climate

for international talent and capital. If you want access to all of this conversation, go to hiddenforces.io slash subscribe

and join our premium feed, which you can listen to on your mobile device using your favorite

podcast app, just like you're listening to this episode right now. If you want to join in on the

conversation and become a member of the Hidden Forces Genius community, which includes Q&A calls with guests, access to special research and analysis, in-person events, and dinners, you can also do that on our subscriber page.

And if you still have questions, feel free to send an email to info at hiddenforces.io.

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