Uploaded July 2024 | Updated September 2026, 2 weeks ago
Despite their great power rivalry, America and China are more similar than most people think. Both are living through a Gilded Age and struggling to end the excesses of capitalism.
In Episode 6, Professor Ang shows us that while the U.S. and China are similar, this does not mean they are identical. America is a democracy, whereas one party rules China. Thus, the two countries are pursuing progressive reforms very differently.
Learn more at economicsofchina.org
How can we understand the bright and dark sides of China’s gilded rise? Through the lens of American history.
In this seven-episode series, Yuen Yuen Ang explains how China escaped poverty and became the second largest economy in the world. Rejecting popular assumptions of Chinese exceptionalism, she shows that China’s path to a mixture of wealth and capitalist excesses is more like the American experience than most people think.
Produced by Matthew Kulvicki, Nick Alpha & Kurt Semm
Despite their great power rivalry, America and China are more similar than most people think. Both are living through a Gilded Age and struggling to end the excesses of capitalism.
In Episode 6, Professor Ang shows us that while the U.S. and China are similar, this does not mean they are identical. America is a democracy, whereas one party rules China. Thus, the two countries are pursuing progressive reforms very differently.
Learn more at economicsofchina.org
How can we understand the bright and dark sides of China’s gilded rise? Through the lens of American history.
In this seven-episode series, Yuen Yuen Ang explains how China escaped poverty and became the second largest economy in the world. Rejecting popular assumptions of Chinese exceptionalism, she shows that China’s path to a mixture of wealth and capitalist excesses is more like the American experience than most people think.
Produced by Matthew Kulvicki, Nick Alpha & Kurt Semm
![Political Economy of Climate Disruption - [ECO]NOMICS Part 2](https://i.ytimg.com/vi/yjC4eVLxo6I/mqdefault.jpg "Political Economy of Climate Disruption - [ECO]NOMICS Part 2
Mainstream economists like to talk about choosing between climate protection and consumption. They often produce studies showing that policy action is too expensive, while climate change itself is not too costly. But a well-functioning climate is the basis for producing goods and services, not an alternative to them.
In part 2 of [ECO]NOMICS, Professor Juliet Shor introduces the political economy approach to climate change, as an alternative to the usual economics. This direction links action and inaction to economic and political interests. Who has interests in continuing to emit greenhouse gases, who is benefiting, and who is bearing the costs? Political economy turns the focus on the companies, countries and people who are disproportionately responsible and have a strong interest in the status quo. Prof. Schor shows how fossil fuel companies have spent vast amounts of money and effort in influencing public opinion and capturing politicians, to forestall government action on climate change. Solving the political economy problem requires new ways of thinking about transcending the interest-based politics that has led to climate inaction.
Part 3 will be available May 11, 2022
Learn more at https://www.ineteconomics.org/perspectives/videos/eco-nomics
Credits: Juliet Schor, Matthew Kulvicki, Nick Alpha, Gonçalo Fonseca, Kurt Semm")
