America Doesn’t Have a Monopoly on Capitalism
Published on November 1, 2026
Today I want to tell you about the city of Shenzhen. Unless you are in global manufacturing, you may not have heard of this Chinese city of 18 million people. As recently as 1979, the area had only 30,000 residents, living in small fishing villages. Today, it is one of the most modern cities in the world. It is also quite wealthy.