China's Neoliberal Turn - 1978
Explaining History

China’s Neoliberal Turn - 1978

2020-04-14

In the late 1970s, as Britain, America and other wealthy countries were developing free market solutions to the problems of inflation and low growth, China selected aspects of capitalism to incorporate into its economy, while maintaining the fiction that it was a communist society. This podcast explores how China transformed the world economy in the 1980s as a result.

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