Summary:
Richard Wolff says that China's capitalist system of state control of many leading undustries, with a tremendous amount of central planning and regulation, has given them 10% growth rate each year for 25 years and that's why they will never give it up.Trump may eventually negotiate a new trade deal and Huawei and will no longer be considered a threat, which will make him look good to his base. [embedded content]
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Richard Wolff says that China's capitalist system of state control of many leading undustries, with a tremendous amount of central planning and regulation, has given them 10% growth rate each year for 25 years and that's why they will never give it up.Richard Wolff says that China's capitalist system of state control of many leading undustries, with a tremendous amount of central planning and regulation, has given them 10% growth rate each year for 25 years and that's why they will never give it up.Trump may eventually negotiate a new trade deal and Huawei and will no longer be considered a threat, which will make him look good to his base. [embedded content]
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Mike Norman considers the following as important:
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Trump may eventually negotiate a new trade deal and Huawei and will no longer be considered a threat, which will make him look good to his base.