This, it said, had promoted "incorrect values" and encouraged a bad social ethos, Xinhua reports.

BBC: China bans luxury gift adverts in austerity push

The goal is to create a community of like-minded entrepreneurs who dig the Summit ethos of innovation, art and social impact with some hard partying mixed in.

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Until this nation comes to terms with this flaw in social planning (or the absence thereof), obesity, social isolation, and consumerism (which necessitates the American work ethos), will continue to be increasing problems for the fabric of American society.

BBC: Americans are getting fatter faster than ever before.

True, DIY predates punk, but it is absolutely integral to the punk ethos, and it is absolutely integral to entrepreneurs taking on large-scale social problems.

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