TED Talks has this short video Bhu Srinivasan: Capitalism isn’t an ideology — it’s an operating system.
Bhu Srinivasan researches the intersection of capitalism and technological progress. Instead of thinking about capitalism as a firm, unchanging ideology, he suggests that we should think of it as an operating system — one that needs upgrades to keep up with innovation, like the impending take-off of drone delivery services. Learn more about the past and future of the free market (and a potential coming identity crisis for the United States’ version of capitalism) with this quick, forward-thinking talk.
I have said that I am a “what worksist”, but now maybe I can talk in terms of operating system. The way I would talk about China versus the USA is that China has a much more flexible operating system than we do. I wouldn’t necessarily subscribe to the details that he thinks are indicative of the Chinese system versus ours.