China’s Transformation from Poverty to Economic Power – Richard D Wolff

Democracy At Work

Published on Jul 18, 2021

“Any argument that the Chinese success is somehow peculiarly the responsibility of the capitalist part as opposed to the leadership of the Communist party, or the remaining enormous state-owned and operated enterprise sector, or all that happened before 1971, isn’t historical analysis. It is bald ideological junk.”- Richard D Wolff

This is a clip from the lecture “The Challenge of China [July 2021].” In the full lecture, Prof Wolff discusses the following topics:

1. China’s Economic Growth since its Revolution (1949) 2. China’s Economic “Model” and the Global Economy 3. China, Capitalism, and Socialism 4. China versus the US: Options versus Threats

Watch the full lecture:

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