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Jack Ma: ‘Insufficient Globalization Is The Cause Of The World’s Problems’
Well, Jack Ma has some bad news for everyone stuck in the past.
Speaking at China’s World Intern
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Right on about the populism and nationalism. Jack Ma gets it. Every major US business leader gets it – except for one; the one who matters.
China fell hard from being the largest economy in the world as recently as the 18th century to be among the poorest nations on Earth in the 20th century. For two reasons:
1) Chinese emperors refused international trade and instead turned China inward (like Trump);
2) China adopted a Marxist-socialist economy (like the majority of American millennials want).