From Poverty to Prosperity The Incredible Story of China’s Transformation with #ProfWolff
Listen to #ProfWolff on Global Economics Changes and Economic Development including China’s Transformation over the year! #democracyatwork #economicupdate #economics #politics #labor #development #trade #globalization #history #democracy #capitalism #anticapitalism #shorts
16 Comments
Well thanks for the spoiler 🍓🌺
This could be a great hit with the zoomers if the speech was interjected with the vine boom soundeffect meme
👌🙏🌾🍞👉🌌🤱🤲🌍 peace is enough for me and everything is peaceful 🙏
It’s a great story.
As long as you don’t include the dispossession and subjugation of Chinese subsistence farmers to capitalism, or that China only produces as much as it does because they lack our labor protections and environmental regulations.
the second they dumped communism and embraced markets their economy exploded. yet you still shill for communism
Yes, free markets work, just like they did when Deng opened Chinas country to western investment, eventually leading to Chinas acceptance into the WTO, and China opened up free economic zones to accommodate western companies doing business in its country. Capitalism works, even when socialists try it 😄
No country on this planet will prosper if it’s citizenry is not free.
America is the last bastion of freedom
What Now?
Since Xi has retrenched and retreated on democratic reforms, China will go back to being a poor nation, again.
If it wasn't for the 'Free Market' here looking to exploit workers and shipping all the factories and jobs there, we wouldn't have this issue.
Yay Capitalism – Austin Powers.
Venture outside the bigger urban areas and richest cities of China and go into the hinterlands, China still IS one of the poorest countries in the world. The poverty in those areas is staggering.
@mischevious your failed education just unveiled, keep on dreaming wet wet wet, lol
I don't know why people aligning themselves with socialism are obsessed with China. It's hardly a socialist country if you are staying true to your own definition of socialism as a democratic control of workers over economy, within and out of enterprise they work in. Sure, it went from being extremely poor to relatively wealthy, but so what? That's what western countries achieved during industrial revolution, and your own country is much more prosperous than China! And these countries achieved prosperity without gross mismanagement, vigorous state oppression and cost of millions lives. But they don't serve as examples of socialism! Yes no matter how many times you would call this as CIA propoganda, these are facts
For most of the time in the last 3,000 years, China has been the richest country in the world. Being the richest is only normal.
But according to western experts, China has been collapsing 40 years ago. Because they have a different system, not western democratic, no freedom etc like the west. Today China according to them is still collapsing but they are veey dange8and is going to conquer the world starting with Taiwan which is part of China according to the UN and practically the world world. 😅
the two fastest growth in a capitalist world: USSR 1920-1960, and now 1990-2030.
I wonder if there is a connection.