Economic Ideologies: Lessons from China and Taiwan

This chapter explores the historical evolution and ideological foundations of the USSR and how they contrast with China's recent economic transformations post-Maoism. It discusses Deng Xiaoping's shift towards market principles and compares the economic systems of Taiwan and South Korea, emphasizing the successes of state-led policies. The chapter highlights the pivotal role of the Taiwanese semiconductor industry, particularly TSMC, in global tech and examines the complex relationship between government, corporations, and economic outcomes.