The West needs to realize that China isn't going to westernize, just modernize, and the reason why this flipped is because Xi Jinping wants complete control over the country. Distributed entrepreneurism is creating social dollars in China, as much as it created dollars in more developed Western nations.
Chamath Palihapitiya discusses how China has achieved vertical integration and a stranglehold on critical resources by leveraging the world's capital and allowing entrepreneurs to believe they could succeed.
The future lies in developing nations, as they are the future GDP and population pools that can do hard work. China's Belt and Road initiative is creating ports and superhighways to extract resources and bring them into the Chinese system.
The rise of distributed entrepreneurism can potentially lead to domination, colonization and the exploitation of other countries, as seen in the case of China and its impact on third-world nations.
A leadership transition from Deng and Jiang to Xi Jinping occurred after the Mao era of revolutionary communism and the Deng Jiang Hu era of internationalist capitalism. Xi Jinping's consolidation of power was accomplished through modernization and technology assimilation but not westernization.