Maonomics: Communism with a Profit motive

Chicago, 15 nov. 2012

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.

Loretta Napoleoni is an associate lecturer at Cambridge University‘s Judge Business School, as well as an economist, author, and expert on terrorist financing and money laundering. She is a regular media commentator for CNN, Sky, BBC, and RAI, and has previously been the London correspondent for La Stampa, Corriere della Sera, La Repubblica, El País, and Le Monde. Her latest book, Maonomics: Why Chinese Communists Make Better Capitalists Than We Do, received the 2011 Singapore Critics Choice Best Nonfiction on Economics prize and the 2010 Book of the Year prize from the Italian Association for Economics. She has lectured on Maonomics at The Financial Times Editorial Intelligence Forum, The Royal Society of the Arts, The London School of Economics (LSE), The Calgary Economic Development Group, the Sydney Writers Festival, and the Brecht Forum in New York. She attended Johns Hopkins University’s Paul H. Nitze School of Advanced International Studies in Washington, D.C. as a Fulbright Scholar, and the LSE as a Rotary Scholar.

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

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