Richard Wolff answers the question “is China socialist?” and breaks down a basic overview of the Chinese economy.
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Over the last 40 years, China’s rapid economic expansion has altered the world’s geopolitical and economic landscape. Bridgewater’s Founder, Co-CIO and co-Chairman Ray Dalio joins Bridgewater’s Senior Portfolio Strategist Jim Haskel to discuss the historical arc of this growth and why the portfolio characteristics of China’s markets are attractive and diversifying despite escalating global tensions. To learn more visit: https://www.bridgewater.com/china/ To skip to specific sections in the video please find chapters marked below: The US-China Conflict – 4:38 Investing in China – 11:30 Public and Private Markets in China – 20:32 Portfolio Characteristics of Chinese Markets – 24:47 Looking Ahead – 27:53To skip to specific sections in the video please find chapters marked below: The US-China Conflict – 4:38Investing in China – 11:30Public and Private Markets in China – 20:32Portfolio Characteristics of Chinese Markets – 24:47Looking Ahead – 27:53
Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University in New York City. He wrote Democracy at Work: A Cure for Capitalism and founded www.democracyatwork.info, a non-profit advocacy organization of the same name that promotes democratic workplaces as a key path to a stronger, democratic economic system. Professor Wolff discusses the economic dimensions of our lives, our jobs, our incomes, our debts, those of our children, and those looming down the road in his unique mixture of deep insight and dry humor. He presents current events and draws connections to the past to highlight the machinations of our global economy. He helps us to understand political and corporate policy, organization of labor, the distribution of goods and services, and challenges us to question some of the deepest foundations of our society. For more of his lectures, visit the Democracy at Work YouTube channel: https://www.youtube.com/user/democrac….
There is more to China than it’s current prominence in global affairs. In this enlightening talk, Kerry Brown reflects on China’s rise and invites us to question our understanding of the country, its people and its values. How did China transform within a few decades to the global powerhouse it is today and what does a future with China in the steering wheel hold for the rest of the world?