By DCB Editorial, May 28, 2024
Professor Richard Wolff, a Harvard economics doctorate, has built a reputation for himself by explaining and challenging the international banking and economic system in plain language.
In his most recent video, Professor Wolff reveals how China transitioned from a poverty-stricken nation to the world’s largest economy.
Wolff explains how China, as a communist nation, is outperforming the capitalist system, with Chinese living standards dramatically increasing to match and, in some cases, surpass those in the West.
What does the emergence of an economic powerhouse like China mean? Professor Richard Wolff analyzes the unique economic philosophy and politics of China.