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Ray Dalio

“All of these Chinese systems are hierarchical and nonegalitarian. Wang Qishan, the vice president of China and a remarkable historian and explorer of different cultures, told me that the core difference between Americans and the Chinese is that Americans hold the individual above all else while the Chinese put the family and the collective above everything. America is run from the bottom up (e.g., democracy) and optimized for the individual; China is run from the top down and optimized for the collective”

Ray Dalio, Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail
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Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail by Ray Dalio
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