China's Transformation 1978-84

In the 21st century, China stands as a global economic powerhouse, a trajectory heavily influenced by the reforms initiated in 1978 under Deng Xiaoping. This episode delves into Deng's pivotal role, positioning him as the consequential figure bridging Mao Zedong's era and the present-day leadership of Xi Jinping.

Drawing on David Harvey's "A Brief History of Neoliberalism," we explore the economic, social, and ideological transformations that began with Deng's rise to power. At the outset of his reforms, China's economy was almost entirely state-controlled, marked by the "Iron Rice Bowl" system of employment and welfare, and a lagging...