Russia 2.0 and China 2.0 attempted to maintain authoritarian control while developing capital markets, but this is impossible because capital markets require free information flow which threatens authoritarian rule.
causalpending
Speaker
Paul PodolskyEvidence Quote
“to have capital markets function, you need to have free-flowing information. And if you have free-flowing information, it immediately becomes a threat to that type of rule. And that's what the tension is.”
Source
Bridgewater Alum Paul Podolsky on What Russia Tells Us About the Future of the Global Order— Bridgewater AssociatesCreated: 8/12/2026, 10:29:19 PM
My Notes
Loading notes...