Niall Ferguson
@niallferguson5684·18.5K subscribers·119 videos
Episode 2: Maostalgia
Posted
January 31, 2018
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2,093
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January 31, 2018
2,093
11
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0.67%
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3:46Now PlayingNiall Ferguson asks how China manages to live under a Communist system of government but with a thriving capitalist economy The succession of revolutions orchestrated by Mao Zedong killed more people than Hitler and Stalin combined. And yet this hard-line communist and murderer of businessmen is revered in China today as the founder of a modern-day capitalist superpower. Why?. To answer this question Niall travels from Beijing to Mao's birthplace at Shaoshan to the new supercity of Chongqing and to the rural backwaters of Anhui to track down survivors of the madness of Chairman Mao, newly minted billionaires and the Mao worshippers who believe tomorrow belongs to them. He finds the way China is governed is eerily similar to the way it was under the First Emperor. All the power lies in the hands of nine men with expressionless faces and what looks like the same hair dye - as unelected and as powerful as Emperor Qin. Autocracy that values unity over choice; secrecy over openness - not democracy. That has always been the Chinese way. It is the price that China is prepared to pay for the spectre that has always haunted its leaders: protest, rebellion and turmoil.
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