In case you missed the story on NPR, the Chinese government has come up with its own stimulus package to make up for dwindling US purchasing. As Marx laughs in his grave at the US government’s ownership of major business concerns, it looks like Madison Avenue may be called on to help complete the Cultural Revolution by convincing China’s thrifty peasants to stop saving.

Two key lines from the story:

China’s still facing problems turning its peasants into consumers.

“We Chinese have a tradition. We do not like to waste money.”

Go peasants.

Local Culture
Local Culture
Local Culture
Local Culture
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Mark Shiffman was born in north Florida to the son of expatriated New York secular Jews and the daughter of small town, pillar of the community southern Presbyterians. After spending much of his childhood in Alaska and California, he discovered in his Tennessee adolescence, first reluctantly and then gratefully, that more than half his heart belonged to the South. He occasionally rediscovers this viscerally when his body descends below the Mason-Dixon line from his northern exile in Philadelphia, where he has also brought his wife into exile from her lifelong home of Chicago. They live in the Mount Airy section of Philadelphia with their two sons, having moved from one of the more successfully racially integrated neighborhoods in America (Hyde Park) to one of the most. Mark received his education from the McCallie School in Chattanooga and the surrounding mountains and trees, St. John’s College in Annapolis and the Santa Fe desert, Pendle Hill outside Philadelphia and the woods around Crum Creek, the University of Chicago and the icy prairie winds, and the Catholic Worker House and grimy streets of New York City. He is assistant professor in the Department of Humanities and Augustinian Traditions and affiliate faculty member in Classical Studies at Villanova University. He has also taught at Brooklyn College, Notre Dame, the University of Chicago and the University of Pennsylvania. His current projects include books on the political philosophy of Plutarch and on the meaning of modern individualism, as well as a translation of Aristotle’s On the Soul (Focus Press).