China’s “engineers-in-charge” model lets them roll out subways, high-speed rail, batteries, EVs and drones at breakneck speed, while America’s “lawyerly” governance slows things down. Dan Wang debunks Western fears of digital authoritarianism, social credit and imminent collapse, and explains why U.S. capital markets soar even as Chinese manufacturing leads the world.
The big takeaway? America could boost its growth with about 20% more engineering talent, and China could benefit from roughly 50% more rights-protecting legalism. A true “abundance agenda” might just lie in blending the best of both systems.
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