what might the Schwarzman Scholars actually learn? What does China, in its present mighty manifestation, have to teach us? “Uses of a redundant ideology” would be one fascinating module. Besides Deng Xiaoping’s pithy “to get rich is glorious”, is there a more inflected explanation of how the class struggle culminated in the re-establishment of the Chinese bourgeoisie, this time as the clients of the Communist Party? And if so, could it be taught without both teachers and students risking imprisonment? (via The important lessons China has for the world - Comment - Voices - The Independent)
The private equity giant decided to withdraw after discovering that Dell’s PC business was deteriorating faster than it had previously understood, people involved in the negotiations said.
