How China escaped shock therapy w/ Isabella Weber
Added 2021-05-06 11:27:42 +0000 UTCAt the end of the 1980s, China's leaders came close to implementing the kind of economic shock therapy reforms that a few years later caused a social and economic catastrophe in the former Soviet Union and much of eastern Europe. A moment of enormous significance for Chinese and world history, Isabella Weber explains how and why China came to the brink of initiating an economic "big bang", and why ultimately the leadership chose to pursue a gradualist process of market reform instead.
Later this month Isabella will be taking part in the book's official launch, along with James Galbraith, Branko Milanović and Bin Wong. You can register here if you would like to attend.
Comments
I shared the “delegations visiting Brazil” quote with a Brazilian friend whose initial reaction was to ask if Weber was joking. It shows how hard envisioning the future is.
Paul Brewer
2021-05-11 13:08:58 +0000 UTCInteresting! I do wonder if a lot of left analysis of China is falling short, given more recent developments? https://news.yahoo.com/news/chinese-university-campus-plan-meets-063556368.html
Carl Rowlands
2021-05-09 13:11:43 +0000 UTCthanks Abra!
Politics Theory Other
2021-05-08 19:37:04 +0000 UTCThat was amazing! Thank you!
Abra K
2021-05-08 18:44:37 +0000 UTC
