About the book: 2016 / In the four decades since the death of the “great helmsman” Mao Zedong, China has turned into its own opposite - a backward and closed agricultural country with a totalitarian dictatorship became one of the most open and fastest-growing industrial economies in the world. How did this happen? “How China Became Capitalist” is a short essay on the dismantling of Chinese totalitarianism, written by the author of the main economic discoveries of the 20th century, Nobel Prize winner Ronald Coase.