Get access to The Backroom Exclusive episodes on Patreon: ⁠⁠⁠https://www.patreon.com/OneDime⁠

In this episode of 1Dime Radio, we host Dr. Jane Hayward, a lecturer in Chinese Studies at the Lao China Institute at King's College. Dr. Hayward specializes in explaining China's political economy and misconceptions surrounding it. The conversation explores the role of state planning in China's market system, the impact of Deng Xiaoping's economic reforms, the significant shifts in labor and welfare policies, and the nuanced relationship between the Chinese Communist Party and its capitalist class. We also delve into the ideological revival under Xi Jinping and whether or not China is really transitioning to socialism.

Timestamps:

00:00 The Truth About Tiananmen Square

03:11 Meet Dr. Jane Hayward, Scholar and YouTuber

04:57 Why Schollars Aren't on YouTube

11:08 China's Economic Reforms: From Communes to Market Economy

15:16 The Household Responsibility System and Urban Reforms

20:51 Misconceptions about China's Reforms

42:04 The Role of the Hukou System in China's Economic Growth

49:26 Understanding the Tiananmen Square Protests

54:54 How Capitalist is China?

58:49 China's Economic Miracle: State Planning and Capitalist Discipline

01:14:30 The Revival of Marxist-Leninist Rituals Under Xi Jinping

01:38:33 Concluding Thoughts and Future Discussions

Check out Dr. Jane Hayward's YouTube Videos:https://www.youtube.com/@janehaywardchina

Follow me on X: https://x.com/1DimeOfficial

Check out my main channel videos: https://www.youtube.com/@1Dimee

Outro Music by Karl Casey

Be sure to give 1Dime Radio a 5 Star Rating if you enjoy the show!

A Family Affair: Inside a High Value Relationship