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1Dime Radio

How China Works (Ft. Jayne Hayward)

10 Mar 2025

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Get access to The Backroom Exclusive episodes on Patreon: ⁠⁠⁠https://www.patreon.com/OneDime⁠In this episode of 1Dime Radio, we host Dr. Jane Hayward, a lecturer in Chinese Studies at the Lao China Institute at King's College. Dr. Hayward specializes in explaining China's political economy and misconceptions surrounding it. The conversation explores the role of state planning in China's market system, the impact of Deng Xiaoping's economic reforms, the significant shifts in labor and welfare policies, and the nuanced relationship between the Chinese Communist Party and its capitalist class. We also delve into the ideological revival under Xi Jinping and whether or not China is really transitioning to socialism. Timestamps:00:00 The Truth About Tiananmen Square03:11 Meet Dr. Jane Hayward, Scholar and YouTuber04:57 Why Schollars Aren't on YouTube11:08 China's Economic Reforms: From Communes to Market Economy15:16 The Household Responsibility System and Urban Reforms20:51 Misconceptions about China's Reforms42:04 The Role of the Hukou System in China's Economic Growth49:26 Understanding the Tiananmen Square Protests54:54 How Capitalist is China? 58:49 China's Economic Miracle: State Planning and Capitalist Discipline01:14:30 The Revival of Marxist-Leninist Rituals Under Xi Jinping01:38:33 Concluding Thoughts and Future Discussions Check out Dr. Jane Hayward's YouTube Videos:https://www.youtube.com/@janehaywardchinaFollow me on X: https://x.com/1DimeOfficialCheck out my main channel videos: https://www.youtube.com/@1DimeeOutro Music by Karl CaseyBe sure to give 1Dime Radio a 5 Star Rating if you enjoy the show!

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