Intelligence Squared: Does China Do Capitalism Better Than America?

For all appearances, China has emerged unscathed from the global economic crisis, in stark contrast to its biggest debtor, America. China’s admirers point to its ability to mobilize state resources, quick decision-making and business-friendly environment as reasons for its economic ascendency. 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? John Donvan moderates this Intelligence Square debate, which will feature Orville Schell and Peter Schiff speaking for the motion, and Ian Bremmer and Minxin Pei speaking against.

IQ: Does China Do Capitalism Better Than America?

Arts & Culture

NPR

China Builds Museums ... But Will The Visitors Come?

China is on a spree to build world-class museums and has opened about 100 of them annually in recent years. Two of the biggest opened on the same day last fall on opposite banks of Shanghai's Huangpu River. But filling these museums — with both art and visitors — is proving more challenging.

Food

NPR

Nutrition Group Says Chocolate Milk Is OK, No Need For Aspartame

The nation's largest group of nutritionists is urging the FDA to reject the dairy industry's petition to change the definition of milk. The petition aims to allow aspartame or other alternatives to be used to sweeten milk in an effort to boost consumption in schools.

Politics

NPR

IRS Official In Charge Of Nonprofits Declines To Testify

Lois Lerner, who heads the IRS division dealing with nonprofits seeking tax-exempt status, will not testify on Wednesday despite a congressional subpoena, her attorney says. She is accused of closely scrutinizing conservative groups that sought tax-exempt status.

Technology

NPR

Microsoft Reveals New Xbox One Game System

Microsoft unveiled its new Xbox One Tuesday, displaying a device that takes new steps in game consoles' journey into becoming all-purpose entertainment and communication devices. The new console replaces the Xbox 360, which has been on the market for more than seven years.