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[S9 E25] China's Economic Record and Strategy
This week on Economic Update, Professor Wolff follows up with part two of his in-depth analyses of the USSR and anti-capitalist governments by providing (1) an overview of China's economic development mostly over the last 25 years (GDP, real wages, etc.), and (2) its economic strategy: learning but also differing from Soviet strategy along with some relevant, and interesting, historical context.
Read transcript on our website: https://www.democracyatwork.info/eu_c...
Portuguese captions by Fausto
Spanish captions by Emiliano Ricignolo
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Learn more about Prof Wolff's new book, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself" released in September 2020. Available as a paperback now!
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"Richard Wolff in his new book examines frightening and anti-democratic configurations of corporate power, offering not only a blueprint for how we got here, but a plan for how we will rescue ourselves and create new models of economic and political justice.” - Chris Hedges
Check out Prof. Wolff's other books "Understanding Socialism" and "Understanding Marxism"
http://www.lulu.com/spotlight/democra...
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