Economic Update: China: Capitalist, Socialist or What?

[S10 E33] China: Capitalist, Socialist or What? **Economic Update is a @Democracy At Work production. We make it a point to provide the show free of ads. Please consider supporting our work. Donate one time or become a monthly donor by visiting us at or become a patron of Economic Update on Patreon: Your contributions help keep this content free and accessible to all. Now more than ever, sharing Prof. Wolff’s message is critical. 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. _______________________________________________________________________________________ Learn more about