Chris Miller, “The Struggle to Save the Soviet Economy” (UNC Press, 2016)

Chris Miller, “The Struggle to Save the Soviet Economy” (UNC Press, 2016)

One of the most interesting questions of modern history is this: Why is it that Communist China was able to make a successful transition to economic modernity (and with it prosperity) while the Communist Soviet Union was not? In his excellent book The Struggle to Save the Soviet Economy: Mikhail Gorbachev and the Collapse of the USSR (UNC Press, 2016), Chris Miller offers a convincing explanation for the divergent paths of these two Marxist-Leninist powers. Miller shows that Mikhail Gorbachev knew well about the on-going Chinese experiment, and he modeled much of what he attempted to do on it. Yet, as Miller argues, Gorbachev faced much stiffer political and ideological opposition than the Chinese leader, Deng Xiaoping, did. In the USSR, the Party was stronger and there were powerful institutional-economic interests standing in his way. In addition, Soviet socialism had “worked” for masses of ordinary citizens in a way that Chinese socialism had not; many “Soviet people” believed in the Soviet system and were very skeptical about the idea of adopting a new economic order. Caught between powerful elites and relatively satisfied regular folks, both of whom were beholden to the old ways, Gorbachev’s reforms didn’t really stand a chance. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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J. W. Mason and Arjun Jayadev, "Against Money" (U Chicago Press, 2026)

J. W. Mason and Arjun Jayadev, "Against Money" (U Chicago Press, 2026)

Money is everywhere in our daily lives. It lurks in the swipe of a card at the grocery store, in looming student-loan debts, in the prices of things we want, and in our subconscious navigation of th...

19 Juli 1h 12min

Elana Resnick, "Refusing Sustainability: Race and Environmentalism in a Changing Europe" (Stanford UP, 2025)

Elana Resnick, "Refusing Sustainability: Race and Environmentalism in a Changing Europe" (Stanford UP, 2025)

Sustainability has become a touchstone for development worldwide, promising an antidote to environmental degradation and capitalism's excess: waste. Refusing Sustainability: Race and Environmentali...

19 Juli 41min

On “Turtling” Versus Being Primed for Possibilities

On “Turtling” Versus Being Primed for Possibilities

Tissa Richards is a leadership expert, keynote speaker, and the award-winning author of No Permission Needed and Rethinking Resilience: Fueling Your Competitive Advantage. Her mission is to help bold,...

9 Juli 31min

Are Capitalism and Democracy Fundamentally Incompatible? A Conversation with Mordecai Kurz

Are Capitalism and Democracy Fundamentally Incompatible? A Conversation with Mordecai Kurz

Today I'm speaking with Mordecai Kurz, Joan Kenney Professor of Economics Emeritus at Stanford University. We are discussing his latest book, Private Power and Democracy's Decline: How to Make Capital...

9 Juli 1h 3min

Tyler Girard, "Financial Inclusion: How an Idea Became a Global Agenda" (Stanford UP, 2026)

Tyler Girard, "Financial Inclusion: How an Idea Became a Global Agenda" (Stanford UP, 2026)

The number of people in the world with a bank account or money service provider increased by 2 billion over the past decade. This phenomenon reflects what Dr. Tyler Girard calls the global financia...

4 Juli 39min

The Tin Man Model of Running a Company Is Rusty

The Tin Man Model of Running a Company Is Rusty

Phil Le-Brun and Jana Werner are enterprise strategists at Amazon Web Services, based in London. Phil was previously a corporate VP and international CIO at McDonalds. Jana was formerly at DHL and stu...

2 Juli 25min

Kate Bayliss, "Privatising Humanity: How Our Essential Human Needs Became Financial Assets" (Manchester UP, 2026)

Kate Bayliss, "Privatising Humanity: How Our Essential Human Needs Became Financial Assets" (Manchester UP, 2026)

Privatising Humanity: How Our Essential Human Needs Became Financial Assets (Manchester UP, 2026) is the latest book from Dr Kate Bayliss, a Senior Research Fellow in the Department of Economics at...

1 Juli 50min

Juxuan Zhang and Pierre-Yves Donzé, "Entrepreneurs and the Structural Transformation of the Chinese Apparel Industry, 1980–2020" (Journal of Evolutionary Studies in Business, 2026)

Juxuan Zhang and Pierre-Yves Donzé, "Entrepreneurs and the Structural Transformation of the Chinese Apparel Industry, 1980–2020" (Journal of Evolutionary Studies in Business, 2026)

In this interview I met with Dr. Juxuan Zhang (Osaka University) to discuss her research on the history of the Chinese apparel industry since 1979. Her paper with Prof Pierre-Yves Donzé (Osaka Univers...

29 Juni 32min

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