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China's Regulatory Crackdown Explained
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China's Regulatory Crackdown Explained
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•Apr 28, 2021
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China's streak of cracking down on major firms has been heating up. What is China's reasoning behind the measures? Professor Richard Wolff explains what's driving Beijing's policy and the reasoning behind these crackdowns. Plus, the US Federal Reserve has decided to keep rates steady as the economy surges. We analyze the central bank's decision and what it will mean as the COVID-19 pandemic continues to slam the globe.
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155 Comments
Auggie Giuseppe
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่ฏๅซ
่ฏๅซ
23 hours ago
happened in most modern democratic country: politicians need money to win election, company provide the money, politicians listen to what company want. this cycle never ends.
25
will engel
will engel
23 hours ago
In China capital serves the people. in US people serves capital. ๐๐๐๐
36
LOLOL LOLOL
LOLOL LOLOL
1 day ago
US government obeys Big Tech -- they can even ban presidents from twitter. Chinese government lays the smackdown on Big Tech.
51
wUm Ao
wUm Ao
23 hours ago
In the US, corporations rule over the government. In China, government rules over the corporations.
61
yu
yu
1 day ago (edited)
China's socialism with Chinese characteristics means the government will stand with the people against greedy individuals or companies
97
E Ng
E Ng
1 day ago
First could they deal with Big pharma. Medicines so expensive.
17
Ken Underwood
Ken Underwood
21 hours ago
4:08 The really obvious point is they are discouraging CHEATING. It's more of a moral standpoint than an economic one.
7
ABSOLUTELY TRANSCENDENT ANTIFA
ABSOLUTELY TRANSCENDENT ANTIFA
1 day ago (edited)
THIS IS WHAT
“ ADVANCED ECONOMIES “ DO ๐ค
AMERICA IS A CLOWN SHOW ๐
24
Yin Yang
Yin Yang
23 hours ago
It's take a devil act to fight a devil forces for the sakes of everyone else. Good for you China.
8
OATS 2069
OATS 2069
13 hours ago
always a pleasure to listen and learn difficult economics from Professor Wolffe; instead of trying it so hard to self study
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