The end of the cold war was thought to signal the triumph of Western capitalism over Communism.
In her new book ‘Maonomics: Why Chinese Communists Make Better Capitalists than We Do’, economist and best-selling author Loretta Napoleoni argues just the opposite: what we are witnessing instead is the beginning of the collapse of capitalism and the victory of “communism with a profit motive”.
Loretta Napoleoni visits the RSA to chart the prodigious ascent of the Chinese economic miracle and the parallel course of the West’s ongoing insistence on misconstruing China and its economy even as we acknowledge its growing influence and importance, and the shifting balance of power in the world from West to East.
Speaker: Loretta Napoleoni, economist and author of ‘Maonomics: Why Chinese Communists Make Better Capitalists than We Do’.
Chair: Sean O’Grady, Economics Editor, The Independent
See what people said on Twitter: #RSAMaonomics