Riskgaming

America’s degrowth lawyers need to learn from China


Listen Later

It’s fun to play a game of superlatives with China. From the awe-inspiring and cyberpunk scale of the metro trains cruising through apartment blocks in Chongqing to the stupendous rate of its shipbuilding, housing construction and waterworks, China has shown that it can build like no other. That includes the just-announced Medog Hydropower Station, which at $167 billion would be one of the largest and most expensive construction projects ever seen. Behind all of this activity is a state organized for engineering, designed for speed and scale.

That’s one half of the thesis of Breakneck, the new book out by Dan Wang, which was already long listed for book of the year by the Financial Times. The other half of the thesis is that America is ruled by a lawyerly society, one that holds up projects across years of red tape and lawsuits in the name of everything from noise pollution to just good old-fashioned trolling. Can we have growth without the lawyers? And what are the costs when every project can’t be debated to its most minute detail?

Dan and host Danny Crichton talk about Dan’s trips across China, the massive growth he witnessed while living in the country for six years, and comparisons between China, America, South Korea and Japan, and why the virtuous cycle of construction is so absent from America today.


...more
View all episodesView all episodes
Download on the App Store

RiskgamingBy Lux Capital

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

16 ratings


More shows like Riskgaming

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,290 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

535 Listeners

Odd Lots by Bloomberg

Odd Lots

1,895 Listeners

Conversations with Tyler by Mercatus Center at George Mason University

Conversations with Tyler

2,444 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,100 Listeners

Hidden Forces by Demetri Kofinas

Hidden Forces

1,436 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

797 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,902 Listeners

Dwarkesh Podcast by Dwarkesh Patel

Dwarkesh Podcast

506 Listeners

No Priors: Artificial Intelligence | Technology | Startups by Conviction

No Priors: Artificial Intelligence | Technology | Startups

131 Listeners

Joys of Compounding by Colossus | Investing & Business Podcasts

Joys of Compounding

97 Listeners

The Ben & Marc Show by Marc Andreessen, Ben Horowitz

The Ben & Marc Show

118 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

521 Listeners

Money Stuff: The Podcast by Bloomberg

Money Stuff: The Podcast

386 Listeners

Uncapped with Jack Altman by Alt Capital

Uncapped with Jack Altman

41 Listeners