The system versus the individual — a meditation on the American election, Alibaba’s dethroning, and Fintech theater

This week, we look at:

  • The relationship between an individual and a system, and how that applies to the power games of politics and economics. Did Trump change the system, or did the system generate Trump?

  • The difference between fighting and signalling, and what creates fragility and flexibility in governance structures

  • Why the Communist Party stopped Ant Financial’s IPO, and how Jack Ma bears a resemblance to Mikhail Gorbachev