{"id":28604,"date":"2020-08-25T14:11:47","date_gmt":"2020-08-25T18:11:47","guid":{"rendered":"https:\/\/ssgreenberg.name\/PoliticsBlog\/?p=28604"},"modified":"2020-08-25T14:11:47","modified_gmt":"2020-08-25T18:11:47","slug":"economic-update-china-capitalist-socialist-or-what","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2020\/08\/25\/economic-update-china-capitalist-socialist-or-what\/","title":{"rendered":"Economic Update: China: Capitalist, Socialist or What?"},"content":{"rendered":"<p>Richard Wolff has come up with a gem of an episode <a href=\"https:\/\/www.democracyatwork.info\/eu_china_capitalist_socialist_or_what\" rel=\"noopener noreferrer\" target=\"_blank\">Economic Update: China: Capitalist, Socialist or What?<\/a><\/p>\n<blockquote><p>\nOn this week&#8217;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.\n<\/p><\/blockquote>\n<div style=\"text-align:center\">\n    <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube-nocookie.com\/embed\/3Tbf2bpgs-E\" style=\"border: think ridge #009900;\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div>\n<pre>\r\n<\/pre>\n<p>Like many great works of analysis, this one shines. Of course it is always harder to describe solutions that don&#8217;t exist yet. I don&#8217;t fault this presentation that I find the suggested solution more iffy than the analysis of the problem.<\/p>\n<p>This is only to say that I can wholeheartedly agree and learn from the analysis part. The efficacy of the solution part is still to be determined. We need to keep in mind that a different and better solution might exist, and might be found. I hope we in the world can work it out on the path to the transition.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Richard Wolff has come up with a gem of an episode Economic Update: China: Capitalist, Socialist or What? On this week&#8217;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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-28604","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/28604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=28604"}],"version-history":[{"count":1,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/28604\/revisions"}],"predecessor-version":[{"id":28605,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/28604\/revisions\/28605"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=28604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=28604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=28604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}