September 30, 2021· 49 min

Isabella Weber on China’s Vision for Making Markets Work

Orality
Model
85%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostJoe Weisenthal(2,027 words)
M:55%
HostTracy Alloway(1,435 words)
M:55%
GuestIsabella Weber(4,017 words)
M:53%

Oral Indicators

Agonistic48%
basically, very, extremely
Engagement45%
you, our, your
Memory Aids100%
listen, now, so
Repetition100%
like (85x), china (62x), think (51x)
Parallelism100%
And I'm Tracy Alloway...., So, Tracy, we've been talking ..., And we talked to Travis Lundy ...
Sound Patterns45%
37 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases5%
you know what, i mean

Literate Indicators

Hedging11%
perhaps, maybe, quite
Passive Voice12%
were shaped, was composed, is considered
Abstract Nouns29%
investment, education, question
Subordination11%
therefore, because, nevertheless
Sentence Length62%
Avg: 20.6 words/sentence
Word Complexity51%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style55%
367 personal pronouns found
Descriptive Style100%
lately, specifically, really

Description

For years, people have talked about China's ongoing process of opening up, or liberalizing its economy. And yet lately it's taken strong moves that seem to indicate a change in direction. It's cracked down on some of its largest tech companies while also allowing its real estate sector to cool off considerably, as we've seen with the stress on Evergrande. On this Odd Lots, we speak with UMass Amherst professor Isabella Weber, the author of the new book How China Escaped Shock Therapy: The Market Reform Debate. She explores China's big vision for making markets work in the pursuit of its ideas on socialism, and how the recent moves fit into a much broader, ongoing strategy. See omnystudio.com/listener for privacy information.