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. 

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Capitalism China Economic Update Free Speech TV Professor Richard Wolff Socialism

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