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0 sats \ 0 replies \ @Solomonsatoshi 10h \ on: English Unis Are Overpriced Trash (Financial Times, Philip Augar) econ
The west is in decline.
The education system is focused on woke and entitled identity politics.
In China in contrast education is focused on the engine room of the economy- engineering.
Remember when the west also celebrated engineering and science?
It is the hard sciences that are the basis of economic growth and strength so what happened?
The west gained hegemony over the financial system and by 'engineering' the financial system discovered 'wealth' could be created- it is fake wealth.
It is the fake 'wealth' that precipitated the GFC.
it is parasitic rentseeking financialisation that has bled the wests economies while China has built its mercantile-productive economic growth based on hard engineering.
Most of the politburo are engineers.
Most of the wests leaders are bankers, lawyers property developers or bankers nominee/lobbyists.
Young westerners aspire to be bankers or property developers and so become rentseeking parasites.
Young Chinese aspire to be engineers and build things.
It is not just the wests universities but western culture that is corrupt and in terminal decline.