Politics, Finance, and the People Book

78 China open, 91 India, Mao famine 30-40M, China began in rural farms as collectivism failed going to free market, 40% decrease with collectivism, intellectuals burn books universities closed with collectivism or socialism, ussr was revolution vs evolution, revolution due to corruption, 760M rural 570M urban, 91 reforms to drop state own and tax from 56 to 40, government control all levels corruption and life long employment, since 96 politics and regulations unstable with corruption, dereg airlines telecom banks with corruption, infosys, disassembly line, atomization of supply chain, ¼ china with medical, youth support parents, save due to recent path of penniless peasants left by Mao and cultural revolution broke China tradition, diamonds in demand, older workers of state owned companies are poor workers and to be avoided as entitled, 97K officials in 2006 punished for corruption which hurts poor most, shrinking pop by 2015 due to one child policy with 40M more males, aging China and youth of India, air pollution costs $54B and 600K deaths, 5-10 worse than worse US cities, India home cooking fires, China 8% water with 22% pop, can do hard work with fair chance, savings in America as low as depression era, need to cut spending in US.