Wall Street Week

Rattner’s trip to China, Nepal’s Gen-Z Uprising, Capitalism 4.0

6 snips
Dec 5, 2025
Michael McKee, a Bloomberg correspondent with firsthand experience reporting on the Nepal protests, delves into the role social media played in mobilizing Gen Z against inequality. He shares insights on how viral content sparked a youth movement that toppled the government. Additionally, Steven Rattner discusses China's technological advancements and grim domestic struggles, warning that U.S. trade policies won't curb its growth. They also explore the evolving landscape of capitalism, contemplating potential new models and the impacts of rising corporate concentration.
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INSIGHT

Visibility Fueled Perception Of Injustice

  • Social media made elite lifestyles visible and shifted perceptions about fairness of opportunity.
  • Clay Shirky and Michael McKee note that this visibility intensified Gen Z's anger at nepotism and corruption.
ANECDOTE

A Small Protest Snowballed Into Nationwide Unrest

  • A planned small, peaceful protest on September 8 swelled nationwide within days via chat groups and influencers.
  • What began as school-dress marches met tear gas and a fatal shooting that escalated the unrest.
INSIGHT

Gen Z Moved From Protest To Political Choice

  • The protests quickly toppled top leaders and prompted Gen Z to engage in choosing interim leadership.
  • Activists used online chat rooms to nominate Sushila Karki, showing social media's role in rapid political change.
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