While the natural response is to be disgusted by the corruption, there is also something else going on here. If startups are defined by growth, China is the la

While the natural response is to be disgusted by the corruption, there is also something else going on here. If startups are defined by growth, China is the land where tons companies are winning startups. For every 1992 dollar of income there are now 15 dollars to spread around.* An astonishing amount of wealth has been created in the last 20 years, and it has spilled on many people. In the US, when tremendous amounts of value and wealth are created, it also lands in odd places. Think of the early Google chef, or the Facebook artist who are both extremely wealthy. They got the money because tons of value was created and it just landed on them because they were in the right place at the right time. I am not really making a point other than saying that this is a story of corruption which is terrible, and a story of value creation. * In the same period, the US has gone from $1 to $2 in real income per capita