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How China Works (Ft. Jayne Hayward)

1Dime Radio

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Welfare and Capitalism in China

This chapter explores the transformation of welfare in China post-Deng Xiaoping's reforms, focusing on the shift from state-provided services to market-driven models. It highlights the implications of these changes on healthcare, education, and economic disparity, while comparing China's approach to capitalism with that of other nations. The discussion reveals the complexities of state control over wealth and the evolving identity of the Communist Party amidst increasing capitalist influences.

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