Maonomics: Communism With a Profit Motive

Loretta Napoleoni, Associate Lecturer, Judge Business School, Cambridge University. Introduced by Michael DiMedio.

While the West struggles, China's economy continues to grow. In her new book, Maonomics: Why Chinese Communists Make Better Capitalists Than We Do, Napoleoni charts the ascent of the Chinese economic miracle and the West’s misconception of China and its economy, even as we acknowledge its growing influence and importance. Are we witnessing the beginning of the collapse of capitalism and the victory of “communism with a profit motive”? What lessons in economic development can the West learn from China? Please join The Chicago Council and Loretta Napoleoni as she discusses the economic revolution that is shifting the balance of power to the East.

Speaker Bio

Pre-Reads

Follow Loretta Napoleoni on Twitter

Read Kenneth Lieberthal’s take on “Xi Jinping's Challenge

Read Minxin Pei’s piece on the “U.S.-China Reset” in The New York Times

Check out Wall Street Journal’s article on the next phase of China's advance into the U.S. energy market

Read the latest Foreign Affairs article for a take on the world as seen from Beijing

For more on Chinese energy conservation plans, check out this Financial Times piece

Additional Information

Napoleoni’s new book, Maonomics: Why Chinese Communists Make Better Capitalists Than We Do, will be available for purchase and signing following the program.