In the party states that are industries and developers, they are institutionally represented in the political system. So even though at the higher up they have this, a good idea about edistribution, but the institution of interest will prevent it from doing it. The rasted interests of the crow plan and the province that depend on co are become so strong that it makes t very difficult move away as advertiset. And youasis the different political system. Even though the democrats want to transform the conomy, greening economy, but this kind of cod are areas and codependent area, west virginia,. whereverthey have a whole, the interest as a whole, on the system do make
The second of our two-part interview with sociologist Ho-fung Hung on Chinese political and economic history. This episode covers the 2008 financial crisis, how China’s response deepened global and domestic economic imbalances and (alongside the US) heightened geopolitical conflict, the current situation—including Russia’s invasion—and a lot more. Listen to part one first if you haven't already.
Support this podcast at Patreon.com/TheDig