China's economic growth over 50 years pulled 800 million people out of extreme poverty.
Snapshot · Planet Money
China's economic growth over 50 years pulled 800 million people out of extreme poverty.
Where this was said
At 1:05 · chapter starts 0:55
Smith sets the historical stage with a recording from Planet Money's 2012 China trip — a jubilant announcement aboard the Beijing-Shanghai bullet train — before introducing guest professor Dan Wang, a Stanford Hoover Institution fellow and author of 'Breakneck: China's Quest to Engineer the Future.' Wang's thesis is elegant and unsettling: China is an 'engineering state' because its senior leadership has historically held engineering degrees, shaping a governing philosophy that treats every problem — economic, social, demographic — as a construction challenge. [1] — Dan Wang "China's senior leadership has, at various points, been entirely composed of engineers — and engineers build. The problem is when they apply…" 02:58 Wang and Smith tease out the difference between the US (a lawyer culture that litigates before it builds) and China (which builds first, litigates never). The prior General Secretary built a dam; the current one studied chemical engineering. This is not metaphor — it is policy.
China's senior leadership has, at various points, been entirely composed of engineers — and engineers build. The problem is when they apply that same literal mindset to society, treating human beings as building materials to be moved and remolded.
Sam built Algrow from zero to $14,000 in monthly revenue within just six months of shipping his first MVP.
Algrow reached over 10,000 users in roughly six months, driven almost entirely by organic Discord community growth.
Sam acquired his first 400 users entirely through Discord communities, without paid advertising or traditional outreach.
Algrow added exactly 480 new paying customers in its most recent month, demonstrating strong ongoing growth.
Sam's Stripe dashboard showed over £10,000 in revenue in the last four weeks, equivalent to roughly $13,000–$14,000 USD.
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Bhanu grew SiteGPT to $13,000 monthly recurring revenue entirely through organic channels, spending nothing on paid marketing.
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