China Boom w/ Ho-fung Hung
The Dig
00:00
Is China a Capitalist Economy?
Silver is used as a measure of value for valuable goods over long distant trade, or bolt good. The state ley taxby silver, meaning that people live to pay tax in silver,. Even if ther income is is copper coin. And definitely, andad, you are asking why china didn't have a primitive accumulation with this kind of civarized devemark economy? Iste actually isit is very common. Let's say that it is te e normal situation across the world," he says.
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