Does China Do Capitalism Better than America?

Intelligence Squared U.S. (IQ2US) will hold a debate to hash out and answer the question: Does China do capitalism better than America?

"China seems to have emerged unscathed from the global economic crisis, in stark contrast to its biggest debtor, America." according to the website. "But can its brand of state-directed capitalism overcome rampant corruption and the threat of growing inequality, or will the American model of innovation and free markets prevail?"

Ian Bremmer, Big Think expert and founder of Eurasia Group, will argue against the motion.  Orville Schell, award-winning journalist and director of Center on U.S.-China Relations at Asia Society will argue in support of the motion along with Peter Schiff, the CEO of Euro Pacific Capital. 

The debate will be moderated by ABC News correspondent John Donvan.

Tune to on Tuesday, March 13, 2012 at 6:45 p.m. to hear the debate.

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