Global Capitalism: The Challenge of China [July 2021]

Global Capitalism: The Challenge of China [July 2021] 177,169 views Premiered Jul 14, 2021 11K 336 Share Save Democracy At Work 247K subscribers The Challenge of China [July 2021] In this month's lecture, Prof. Wolff will discuss the following: 1. China’s Economic Growth since its Revolution (1949) 2. China’s Economic “Model” and the Global Economy 3. China, Capitalism, and Socialism 4. China versus the US: Options versus Threats *GCLEU is a@Democracy At Work production. We make it a point to provide the show free of ads. Please consider supporting our work. Donate one time or become a monthly donor by visiting us at democracyatwork.info/donate or become a patron of Economic Update on Patreon: https://www.patreon.com/gcleu. Your contributions help keep this content free and accessible to all. A special thank you to the following GCLEU Super Fans whose generous support makes this lecture series possible: Christopher Vogler, Daniel Jones, Ed Cook, Heather, James and Susan Anderson, John Jones, Kevin Hill, Kimberly Hudnall Family, Kyle Wulle, Larry Jennings, Mahmood, Nooshi, Mary Marx, Matthew Kleu, Michael DeFreitas, Paul, Sharon Hanson and Dan Stevens. **Special message/appeal to internet viewers: please help sponsor GCLEU on Patreon at the $3 (or more) level. Your support helps cover the costs of producing and distributing these talks. Become a monthly donor: https://www.patreon.com/gcleu or democracyatwork.info/donate Make a one time donation to d@w: https://www.democracyatwork.info/donate _________________________________________________________________________________________ Learn more about d@w's NEW BOOK by award-winning print and broadcast journalist Robert "Bob" Hennelly. Stuck Nation: Can the United States Change Course on Our History of Choosing Profits Over People? www.democracyatwork.info/books “Hennelly brilliantly analyzes our capitalist crises and how individuals cope with them, tragically but often heroically. He helps us draw inspiration and realistic hope from how courageous Americans are facing and fixing a stuck nation.” - Richard D. Wolff _________________________________________________________________________________________ Follow us ONLINE: Patreon: https://www.patreon.com/gcleu Websites: http://www.democracyatwork.info/globa... http://www.rdwolff.com Facebook: http://www.facebook.com/DemocracyatWrk http://www.facebook.com/RichardDWolff Twitter: http://twitter.com/profwolff http://twitter.com/democracyatwrk Instagram: http://instagram.com/democracyatwrk Shop our CO-OP made MERCH: http://bit.ly/2JkxIfy Want to help us translate and transcribe our videos? Learn about joining our translation team: http://bit.ly/2J2uIHH 1,887 Comments Auggie Giuseppe Add a public comment... Auggie Giuseppe Auggie Giuseppe 1 month ago Dem. at. Work is most Informative. tc tc 1 month ago The Prof is absolutely correct in his analysis on China's success. The Banana Republic of America (BRA) was perfectly happy to exploit the slave labour of the Chinese population for 40 years to provide American companies wildly obscene profits over the same period. Nobody was concerned about the terrible working conditions the Chinese had to bear to ensure the sustained profitability of those companies. As the Prof rightly pointed out, the Chinese were prepared to endure those conditions in exchange for the agreed upon transfer of technology to them in the process. That was the deal. For the BRA to now allege and accuse the Chinese of having ""stolen" technology from the west , in addition to using slave Uyghur labour etc etc, is nothing short of confirming what a cheap bunch of politicians that the BRA has running the country. Absolutely no shame and no self pride at all. That's why it is the Banana Republic that it is. Trash. 604 Michael L Michael L 1 month ago "No one is stealing anything from you, this is a deal...take it or leave it" Exactly. Prof. Wolf truly understands how China works. A big salute to you. 596 KARW37 KARW37 1 month ago Too bad many Americans don’t seem to have had sufficient public education that would teach critical thinking skills sufficient to understand this. 525 - RallyGC8 - - RallyGC8 - 1 month ago Prof. Wolf, never stop representing the proletariat ✊ You bring hope that Americans will one day, wake up and reject capitalism! 388 Steve Vettraino Steve Vettraino 1 month ago (edited) It's amazing that the Chinese Communist Party were able to devise and implement a vision that wouldn't be realized for many decades, and in so doing lifted more people out of poverty than probably any other time in human history. Anyone who claims socialism or communism has never succeeded needs a history lesson by Dr. Wolff. 314 Progressive Geek Progressive Geek 3 weeks ago Biden promised his buyers that nothing will fundamentally change. So far, that is one promise Biden has kept. 23 Hemu G Hemu G 1 month ago It's great to see an honest man, continue telling the truth, when the whole world is lying or at least believing a lie 36