The People’s Republic of Capitalism (2008)

The People’s Republic of Capitalism (2008) is a four-part documentary series hosted by Ted Koppel. It explores China’s transformation into an economic superpower and its intricate relationship with the United States.

The series kicks off by highlighting the production of Ethan Allen couches. These couches exemplify the cycle of globalization: Chinese factories manufacture couch bases using cheap labor, which are then shipped to the U.S. for assembly.

The finished products return to China, where a growing middle class eagerly purchases them.

This economic dance underscores the necessary partnership between the U.S. and China. While it benefits some, it also has profound downsides for others.

China has forsaken socialism in favor of new values and the pursuit of economic supremacy. On one hand, micro-management affects people’s lives—such as the notorious one-child policy.

On the other hand, Chinese citizens now enjoy the freedom to chase economic success and reap the rewards of hard work.

However, not everyone thrives equally. Chinese factory workers toil for meager wages, while American workers face job losses due to outsourcing.

Koppel zooms in on Chongqing, a bustling city in Sichuan Province. Its burgeoning population and ambitious plans epitomize China’s rapid growth.

We witness industrialists, assembly line workers, coal miners, taxi drivers, and farmers—all contributing to China’s ascent.

The documentary provides surprising perspectives on China as America’s greatest economic rival and biggest business partner.

Chongqing becomes a tapestry of intertwined lives, resilience, and stark reminders of the global economic landscape.

In summary, The People’s Republic of Capitalism offers an enthralling glimpse into the world, where economic forces shape destinies.