C.R.E.A.M.

Calvinism rules everything around me

Good allegory for the Chinese system on the whole

Reporter, writer and analyst. I cover energy, climate change and geopolitics. Contact me via my website www.alexanderckaufman.com and subscribe to kaufman.nyc.

filial piety is fascinating, especially when thinking about successful old money WASP families. feels like you want a blend of both.

Personally, yes you definitely want both. Societally I think it’s probably better for America to lean away from it so you get more market dynamism in the form of rich kids investing their money into new things and the threat of their failure fueling the good ole furnace of American competitive capitalism. Dynasties have a way of coddling incompetence and insulating inefficiencies.