Technology

Chinese youths in debt crises due to uncontrollable spending habits: Suffocated by their debts and left at wit’s end, some went to the extremes and took their lives. (iStock)

Online lending is feeding the insatiable purchasing desire of Chinese youths

China’s young generation of overspenders is rapidly on the rise, fueled by the presence of an expanding online lending market. What will it take to stop them?
Fully Automated Luxury Communism (FALC) by Aaron Bastani explores the future of human work.

A fully automated luxury communism for China’s future?

Every month, anthropologist Bram Barclay discusses a book or concept and how it relates to contemporary China.