DVD Review: The People's Republic of Capitalism

Ted Koppel’s excellent The People’s Republic of Capitalism examines the fundamental links between our world in the West and China, highlighting the interdependence of the Chinese and American economies throughout the series’ four 44-minute parts.

The documentary, filmed for the Discovery Channel and now available on DVD, is largely based in the city of Chongqing in China. A sub-provincial city within Sichuan Province, Chongqing is a city of massive growth and incredible change. With an estimated 87.2 million people in the Sichuan Province and, according to 2005 estimates, 31,442,300 of those people in Chongqing, it’s easy to see why there’s plenty of room for expansion.

The four parts do well in realizing Koppel’s intentions, showcasing the change and intrinsic links between American and Chinese societies in terms of economic growth. With China emerging as an economic superpower and with an expanding middle class challenging traditional values, understanding the nation is essential.

By all rights, China has taken the basics of capitalism and worked them much to their advantage. Suggesting that China is still a communist country is laughable to many of Koppel’s interview subjects, as they build their fortunes on gigantic developments and real estate ventures. In many ways, China is more purely capitalistic than America.

The first part of the series, “Joined at the Hip,” explores the interdependence of the Chinese and American economies. We learn how American manufacturers like Briggs & Stratton and Apple utilize low-cost Chinese labour to reduce assembly costs. In exchange for this cheap labour, the Chinese receive American capital for investments in technology. American consumers provide a geared-up market for goods at outlets like Wal-Mart.

With much of rural China remaining in poverty, the mounting middle and upper class amplify demand for imported luxury goods from America and other countries.

Outsourcing is explored, with the interdependence touted by some as a win-win and by others as the closing stages of local, small businesses. While investments do bring good returns, it’s hard to argue with a colossal chunk of jobs being sent overseas for cheap labour. In the end, the owners profit while the workers, both in America and in China, wind up making very little for their efforts.

The second part of the series, “Mao-ism to Me-ism,” details the cultural shift. Koppel speaks to people with mixed emotions about the Cultural Revolution. The rural peasants, confined to a life of few economic opportunities in the countryside, wind up heading into the cities in search of opportunities. Some of those opportunities are less than ideal.

With prostitution and homosexuality technically still prohibited in China, Koppel highlights the rise of gay clubs and “karaoke” bars that have government officials looking the other way as long as they remain private and turn a profit.

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Article Author: Jordan Richardson

Jordan Richardson is a Canadian freelance writer and maple syrup enthusiast. His film reviews can be found at the Canadian Cinephile's Reviews and his music reviews are located at the Canadian Audiophile's Reviews and News. Mr. …

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  • The People's Republic of Capitalism with Ted Koppel The People's Republic of Capitalism with Ted Koppel

    Ted Koppel takes an in-depth look at the economic ties that bind the U.S. to China "A major achievement … an utterly enchanting education" --The Washington Post "Terrific … don’t miss it." --USA Today ...

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  • 1 - Nike Kobe IV

    Jun 09, 2009 at 9:38 am

    China has taken the basics of capitalism and worked them much to their advantage?

    communism's politics
    capitalist economy

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