Downstream: Infinite Growth Will Lead to Collapse w/ Jason Hickel
Novara Media
00:00
China's Economic Evolution: A Contrast to Capitalism
This chapter examines China's hybrid economic model, emphasizing its shift towards socialism and the role of state enterprises in achieving social and ecological outcomes. It contrasts China's approach with Western capitalist frameworks, discussing how state-led policies contribute to poverty reduction and technological advancement. Additionally, the chapter critiques capitalist notions of growth, exploring historical contexts and the socio-economic realities of socialist economies.
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