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EconomyAustralian economist: Avoiding ‘nonsense’ mainstream Western economics is one reason China has succeeded

Australian economist Steve Keen said in an interview that the fallout from the global crisis will last for years. He linked one driver of China’s economic success to avoiding what he called the “nonsense concepts” of mainstream economics, and said China should ignore Western arguments about “overcapacity” and continue its current approach.

China economyglobal economyeconomicsovercapacity

CChina News Service★★☆☆☆2026-11-06 02:52Original

Australian economist: Avoiding ‘nonsense’ mainstream Western economics is one reason China has succeeded
Economy