2020-08-24 17:00:22

Economic Update: China: Capitalist, Socialist or What?

On this week's episode, Prof. Wolff talks about the Chinese economy. China is run by a Communist Party but describes itself as socialist, while the employer/employee structure of its enterprises is capitalist. We examine what this means for (a) its place in the world economy, (b) its place in the transition from capitalism to socialism/communism, and (c) its conflict with the US.

Democracy Now! produces a daily, global, independent news hour hosted by award-winning journalists Amy Goodman and Juan González. 

Our reporting includes breaking daily news headlines and in-depth interviews with people on the front lines of the world’s most pressing issues. 

On DN!, you’ll hear a diversity of voices speaking for themselves, providing a unique and sometimes provocative perspective on global events.

Missed an episode?  Check out DN on FSTV VOD anytime or visit the show page for the latest clips.

#FreeSpeechTV is one of the last standing national, independent news networks committed to advancing progressive social change. 

#FSTV is available on Dish, DirectTV, AppleTV, Roku, Sling, and online at freespeech.org.

Capitalism China Economic Update Free Speech TV Professor Richard Wolff Socialism

Related

Democracy Now!

“Furious and Disgusted”: Teen Survivor Speaks Out After Wealthy White Serial Rapist Gets Probation

“Furious and Disgusted”: Teen Survivor Speaks Out After Wealthy White Serial Rapist Gets Probation

Democracy Now!

Can You Bankrupt White Supremacy? Jury Holds Charlottesville Organizers Liable for $26M in Damages

Can You Bankrupt White Supremacy? Jury Holds Charlottesville Organizers Liable for $26M in Damages

Democracy Now!

Dramatic Video Shows Militarized Canadian Police Raid Wet’suwet’en Land Defenders & Journalists

Dramatic Video Shows Militarized Canadian Police Raid Wet’suwet’en Land Defenders & Journalists

The David Pakman Show

Donald Trump FURIOUS That Ron DeSantis is Getting More Popular

Donald Trump FURIOUS That Ron DeSantis is Getting More Popular

Proud Partners