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Bankless: Why China Builds Faster Than America & The Rest of the World | Dan Wang

 
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Manage episode 512275880 series 3506872
Content provided by interfluidity, subscribed podcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by interfluidity, subscribed podcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Why does China build so much faster—and what does that reveal about two very different ways of running a society?
Ryan and David sit down with Dan Wang, author of Breakneck: China’s Quest to Engineer the Future, to unpack China’s “engineers-in-charge” model versus America’s “lawyerly” governance.
We cover how this shapes daily life and growth (from subways and high-speed rail to batteries, EVs, and drones), common western misconceptions about China (surveillance, social credit, “imminent collapse”), why U.S. capital markets soar while Chinese manufacturing dominates, what an American “abundance agenda” could look like, and Dan’s closing prescription: the U.S. needs ~20% more engineering; China needs ~50% more rights-protecting legalism.

------
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24

https://bankless.cc/spotify-premium

------

BANKLESS SPONSOR TOOLS:

🪙FRAXNET | MINT, REDEEM, EARN

https://bankless.cc/fraxnet

🦄UNISWAP | SWAP ON UNICHAIN

https://bankless.cc/unichain

🛞MANTLE | MODULAR L2 NETWORK

https://bankless.cc/Mantle

🌳KGEN | REQUEST A DEMO

https://bankless.cc/KGEN-podcast

🐂BULLISH | TRADING COMPETITION

https://bankless.cc/trading-competition

💠BIT DIGITAL ($BTBT) | ETH TREASURY

https://bankless.cc/bit-digital
We’re being compensated by Bit Digital (NASDAQ BTBT) for this segment promoting their company and BTBT. The compensation is paid in cash as a one time payment. You can find additional information about Bit Digital and BTBT on their Investor page at https://bit-digital.com/investors

------

TIMESTAMPS

0:00 Intro

0:45 US Lawyers vs China Builders

8:50 Becoming Elite in China vs US

14:55 Motivating Forces

18:26 China’s Misconceptions

24:38 Protests in China

26:00 US vs China Innovation

27:59 Digital Authoritarianism

34:49 Social Credit System?

36:51 Will China Collapse?

42:53 China & Crypto

47:59 China’s Capital Markets

49:46 Path to Wealth

54:29 Property Rights

58:49 Stock Price vs Productivity

1:02:35 The 1960s

1:04:56 Abundance Agenda

1:06:51 US Weakness Relative to China

1:10:53 The Best of Both Worlds

1:13:43 Is China a Security Threat?

1:14:52 US Manufacturing Comeback?

1:20:20 US Global Talent Hub

1:25:07 China’s US Misconceptions

1:27:03 US Success Scenario

1:29:39 Closing & Disclaimers

------

RESOURCES

Dan Wang

https://x.com/danwwang

Breakneck: China's Quest to Engineer the Future

https://www.amazon.com/Breakneck-Chinas-Quest-Engineer-Future/dp/1324106034

------

Not financial or tax advice. See our investment disclosures here:

https://www.bankless.com/disclosures⁠

  continue reading

142 episodes

Artwork
iconShare
 
Manage episode 512275880 series 3506872
Content provided by interfluidity, subscribed podcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by interfluidity, subscribed podcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Why does China build so much faster—and what does that reveal about two very different ways of running a society?
Ryan and David sit down with Dan Wang, author of Breakneck: China’s Quest to Engineer the Future, to unpack China’s “engineers-in-charge” model versus America’s “lawyerly” governance.
We cover how this shapes daily life and growth (from subways and high-speed rail to batteries, EVs, and drones), common western misconceptions about China (surveillance, social credit, “imminent collapse”), why U.S. capital markets soar while Chinese manufacturing dominates, what an American “abundance agenda” could look like, and Dan’s closing prescription: the U.S. needs ~20% more engineering; China needs ~50% more rights-protecting legalism.

------
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24

https://bankless.cc/spotify-premium

------

BANKLESS SPONSOR TOOLS:

🪙FRAXNET | MINT, REDEEM, EARN

https://bankless.cc/fraxnet

🦄UNISWAP | SWAP ON UNICHAIN

https://bankless.cc/unichain

🛞MANTLE | MODULAR L2 NETWORK

https://bankless.cc/Mantle

🌳KGEN | REQUEST A DEMO

https://bankless.cc/KGEN-podcast

🐂BULLISH | TRADING COMPETITION

https://bankless.cc/trading-competition

💠BIT DIGITAL ($BTBT) | ETH TREASURY

https://bankless.cc/bit-digital
We’re being compensated by Bit Digital (NASDAQ BTBT) for this segment promoting their company and BTBT. The compensation is paid in cash as a one time payment. You can find additional information about Bit Digital and BTBT on their Investor page at https://bit-digital.com/investors

------

TIMESTAMPS

0:00 Intro

0:45 US Lawyers vs China Builders

8:50 Becoming Elite in China vs US

14:55 Motivating Forces

18:26 China’s Misconceptions

24:38 Protests in China

26:00 US vs China Innovation

27:59 Digital Authoritarianism

34:49 Social Credit System?

36:51 Will China Collapse?

42:53 China & Crypto

47:59 China’s Capital Markets

49:46 Path to Wealth

54:29 Property Rights

58:49 Stock Price vs Productivity

1:02:35 The 1960s

1:04:56 Abundance Agenda

1:06:51 US Weakness Relative to China

1:10:53 The Best of Both Worlds

1:13:43 Is China a Security Threat?

1:14:52 US Manufacturing Comeback?

1:20:20 US Global Talent Hub

1:25:07 China’s US Misconceptions

1:27:03 US Success Scenario

1:29:39 Closing & Disclaimers

------

RESOURCES

Dan Wang

https://x.com/danwwang

Breakneck: China's Quest to Engineer the Future

https://www.amazon.com/Breakneck-Chinas-Quest-Engineer-Future/dp/1324106034

------

Not financial or tax advice. See our investment disclosures here:

https://www.bankless.com/disclosures⁠

  continue reading

142 episodes

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