Download or read book How China Became Capitalist written by R. Coase and published by Springer. This book was released on 2016-04-30 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.
Download or read book Communists constructing capitalism written by Julian Gruin and published by Manchester University Press. This book was released on 2019-07-04 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has China’s ‘transition’ to a market economy not catalysed corresponding political transformation? In an era of deepening synergy between authoritarian politics and capitalist economics, this book offers a novel perspective on this central dilemma of contemporary Chinese development, shedding light on how the Chinese Communist Party achieved rapid economic growth while preserving political stability. Drawing on extensive fieldwork and over sixty interviews with policymakers, bankers and former party and state officials, the book delves into the role of China’s state-owned banking system since 1989, showing how political control over capital has been central to the country’s experience of capitalist development. It challenges existing state-market paradigms of political economy and reveals the Eurocentric assumptions underpinning liberal perspectives towards Chinese authoritarian resilience.
Download or read book Constructing China s Capitalism written by D. Buck and published by Springer. This book was released on 2012-08-06 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: By investigating the nexus of relationships between urban and rural factories in the Shanghai region of China, this book shines light on an overlooked part of China's massive industrial growth since the 1980s.
Download or read book Capitalism with Chinese Characteristics written by Yasheng Huang and published by Cambridge University Press. This book was released on 2008-09-01 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a story of two Chinas – an entrepreneurial rural China and a state-controlled urban China. In the 1980s, rural China gained the upper hand. In the 1990s, urban China triumphed. In the 1990s, the Chinese state reversed many of its rural experiments, with long-lasting damage to the economy and society. A weak financial sector, income disparity, rising illiteracy, productivity slowdowns, and reduced personal income growth are the product of the capitalism with Chinese characteristics of the 1990s and beyond. While GDP grew quickly in both decades, the welfare implications of growth differed substantially. The book uses the emerging Indian miracle to debunk the widespread notion that democracy is automatically anti-growth. As the country marked its 30th anniversary of reforms in 2008, China faces some of its toughest economic challenges and substantial vulnerabilities that require fundamental institutional reforms.
Download or read book China Constructing Capitalism written by Michael Keith and published by Routledge. This book was released on 2013-09-23 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: In China Constructing Capitalism, the authors argue that it is not Western neo-liberalism that is constructing the Chinese economy, but instead that China is constructing its own version of capitalism. This book analyses China as a 'risk culture', examining among others Chinese firms and political ties, property development, migrant urbanisms and share trading rooms. It scrutinises the ever-present shadow of the risk-averse (yet uncertainty-creating) state. It is a must-read for social scientists, policy makers and investors.
Download or read book Capitalism from Below written by Victor Nee and published by Harvard University Press. This book was released on 2012-06-19 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over 630 million Chinese escaped poverty since the 1980s, the largest decrease in poverty in history. Studying 700 manufacturing firms in the Yangzi region, the authors argue that the engine of China’s economic miracle—private enterprise—did not originate at the top but bubbled up from below, overcoming initial obstacles set up by the government.
Download or read book Constructing China written by Mobo C. F. Gao and published by Pluto Press (UK). This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: How media and government across the globe manipulate our understanding of China
Download or read book The Myth of Chinese Capitalism written by Dexter Roberts and published by Macmillan + ORM. This book was released on 2020-03-10 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: The untold story of how restrictive policies are preventing China from becoming the world’s largest economy Dexter Roberts lived in Beijing for two decades working as a reporter on economics, business and politics for Bloomberg Businessweek. In The Myth of Chinese Capitalism, Roberts explores the reality behind today’s financially-ascendant China and pulls the curtain back on how the Chinese manufacturing machine is actually powered. He focuses on two places: the village of Binghuacun in the province of Guizhou, one of China’s poorest regions that sends the highest proportion of its youth away to become migrants; and Dongguan, China’s most infamous factory town located in Guangdong, home to both the largest number of migrant workers and the country’s biggest manufacturing base. Within these two towns and the people that move between them, Roberts focuses on the story of the Mo family, former farmers-turned-migrant-workers who are struggling to make a living in a fast-changing country that relegates one-half of its people to second-class status via household registration, land tenure policies and inequality in education and health care systems. In The Myth of Chinese Capitalism, Dexter Roberts brings to life the problems that China and its people face today as they attempt to overcome a divisive system that poses a serious challenge to the country’s future development. In so doing, Roberts paints a boot-on-the-ground cautionary picture of China for a world now held in its financial thrall. Dexter Roberts is an award-winning journalist and a regular commentator on the U.S.-China trade and political relationship. His prior speaking engagements include traditional news media outlets (NPR, Fox News, CNN International) as well as universities and institutes (George Washington University, Council on Foreign Relations, and the Overseas Press Club). He is available for virtual classroom visits to courses that adopt The Myth of Chinese Capitalism. Please contact [email protected] for more information.
Download or read book Making Capitalism in China written by You-tien Hsing and published by Oxford University Press, USA. This book was released on 1998 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Making Capitalism in China: The Taiwan Connection shows that small- and medium-sized Taiwanese investors are organized in production and marketing networks, not vertically integrated conglomerates. When in China they directly negotiate and establish partnerships with entrepreneurial local officials, not the central bureaucracy. Also, they effectively transfer a capitalist ideology of production to Chinese factory workers. Importantly, the investors attribute their business successes in China to the cultural, historical, and linguistic affinities they share with these local agents. Connections regarding socio-cultural identity do more than facilitate business dealings or ease labor relations; Hsing asserts that partnerships between mainland settlements and overseas Chinese investors constitute a local-global coalition of economic reform, one that strengthens local autonomy in China and bypasses the control of the central government. This coalition is nothing short of a new pattern of foreign direct investment, one profoundly influenced by both cultural boundaries (usually deemed insignificant in matters of capital flow and globalization) and local state agents (who operate in this case as crucial business partners). A notable work that will appeal to all students of East Asian economic organization, ethnic business networks, international investment, and the political economy of socialist transition. Hsing's book is based on hundreds of interviews and participatory observations that she conducted between 1991 and 1996 with investors, local officials, and factory workers in Taiwan, Hong Kong, Guangdong, Fujian, and Shanghai.
Download or read book China s Capitalism written by Tobias ten Brink and published by University of Pennsylvania Press. This book was released on 2019-02-14 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1978, the end of the Mao era, economic growth in China has outperformed every previous economic expansion in modern history. While the largest Western economies continue to struggle with the effects of the deepest recession since World War II, the People's Republic of China still enjoys growth rates that are massive in comparison. In the country's smog-choked cities, a chaotic climate of buying and selling prevails. Tireless expansion and inventiveness join forces with an attitude of national euphoria in which anything seems possible. No longer merely the "workshop of the world," China is poised to become a global engine for innovation. In China's Capitalism, Tobias ten Brink considers the history of the socioeconomic order that has emerged in the People's Republic. With empirical evidence and a theoretical foundation based in comparative and international political economy, ten Brink analyzes the main characteristics of China's socioeconomic system over time, identifies the key dynamics shaping this system's structure, and discusses current trends in further capitalist development. He argues that hegemonic state-business alliances mostly at the local level, relative homogeneity of party-state elites, the maintenance of a low-wage regime, and unanticipated coincidences between domestic and global processes are the driving forces behind China's rise. He also surveys the limits to the state's influence over economic and social developments such as industrial overcapacity and social conflict. Ten Brink's framework reveals how combinations of three heterogeneous actors—party-state institutions, firms, and workers—led to China's distinctive form of capitalism. Presenting a coherent and historically nuanced portrait, China's Capitalism is essential reading for anyone interested in the socioeconomic order of the People's Republic and the significant challenges facing its continuing development.
Download or read book Red Capitalism written by Carl Walter and published by John Wiley & Sons. This book was released on 2012-07-31 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: The truth behind the rise of China and whether or not it will be able to maintain it How did China transform itself so quickly? In Red Capitalism: The Fragile Financial Foundation of China's Extraordinary Rise, Revised Edition Carl Walter and Fraser Howie go deep inside the Chinese financial machine to illuminate the social and political consequences of the unique business model that propelled China to economic powerhouse status, and question whether this rapid ascension really lives up to its reputation. All eyes are on China, but will it really surpass the U.S. as the world's premier global economy? Walter and Howie aren't so certain, and in this revised and updated edition of Red Capitalism they examine whether or not the 21st century really will belong to China. The specter of a powerful China is haunting the U.S. and other countries suffering from economic decline and this book explores China's next move Packed with new statistics and stories based on recent developments, this new edition updates the outlook on China's future with the most cutting-edge information available Find out how China financed its current position of strength and whether it will be able to maintain its astonishing momentum Indispensable reading for anyone looking to understand the limits that China's past development decisions have imposed on its brilliant future, Red Capitalism is an essential resource for anyone considering China's business strategies in today's extremely challenging global economy.
Download or read book China s Gilded Age written by Yuen Yuen Ang and published by Cambridge University Press. This book was released on 2020-05-28 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has China grown so fast for so long despite vast corruption? In China's Gilded Age, Yuen Yuen Ang maintains that all corruption is harmful, but not all types of corruption hurt growth. Ang unbundles corruption into four varieties: petty theft, grand theft, speed money, and access money. While the first three types impede growth, access money - elite exchanges of power and profit - cuts both ways: it stimulates investment and growth but produces serious risks for the economy and political system. Since market opening, corruption in China has evolved toward access money. Using a range of data sources, the author explains the evolution of Chinese corruption, how it differs from the West and other developing countries, and how Xi's anti-corruption campaign could affect growth and governance. In this formidable yet accessible book, Ang challenges one-dimensional measures of corruption. By unbundling the problem and adopting a comparative-historical lens, she reveals that the rise of capitalism was not accompanied by the eradication of corruption, but rather by its evolution from thuggery and theft to access money. In doing so, she changes the way we think about corruption and capitalism, not only in China but around the world.
Download or read book Making Of An Economic Superpower The Unlocking China s Secret Of Rapid Industrialization written by Yi Wen and published by World Scientific. This book was released on 2016-05-13 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.
Download or read book Making Capitalism written by Roger L. Janelli and published by Stanford University Press. This book was released on 1995-03-01 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pathbreaking work extends the boundaries of contemporary anthropological research by presenting in one cohesive, meticulously researched work: an original theoretical perspective on the relationships between the cultural, political, and economic dimensions of a large modern business organization; the first anthropological work on South Korean management and its white-collar workers, in a case study of one of South Korea's "big four" conglomerates; and an innovative delineation of how modern business practices are enmeshed in past and present, structure and agency, and local and international systems." "Based largely on the author's nine months of participant-observation in the offices of one of South Korea's largest conglomerates (with annual sales of about $15 billion and approximately 80,000 employees), the book is also enriched by the author's previous fieldwork in rural Korea, where many of the conglomerate's white-collar personnel spent their formative years. These vantage points are used to explore constructions of "traditional" Korean culture and transformations of cultural knowledge prompted by new political-economic conditions, and how both inform practices prevailing in the large conglomerates - and ultimately shape South Korea's capitalism." "The work focuses on South Korea's new middle class. It explains how office workers' identities and often contradictory interests present them with choices between alternative interpretations and actions affecting both themselves and their conglomerates. Much attention is paid to ideological and more coercive means of controlling white-collar employees, to subordinates' strategies of resistance, and to ways in which cultural understandings and moral claims inform the assessment and pursuit of material advantage.
Download or read book China in Global Capitalism written by Kevin Lin and published by Haymarket Books. This book was released on 2024-06-04 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the rivalry between the US and China enters a dangerous new phase, reaffirming the politics of anti-imperialism is a task more important than ever. From trade wars and pandemic politics to rioting workers, intercontinental balloons, and battles over TikTok, the US media tends to present contemporary China—when it’s discussed at all—in sensationalist terms. This portrayal has only intensified as China’s relationship with the United States has grown increasingly hostile. Whether in the form of overtly racist rhetoric and aggressive trade actions, or the more buttoned down but equally antagonistic efforts to oppose Chinese interests abroad, the US has made clear that it has no interest in giving up its position as global hegemon. This seemingly endless cycle of nationalism, jingoism, and reactionary politics on both sides of the Pacific suggests a downward spiral that could plausibly result in catastrophic military confrontation. Against Imperialism forcefully makes the case that workers and socially marginalized people in both the US and China must oppose our rulers’ claims that they have our best interests in mind as they ratchet up their rivalry. Rather, if we’re to avert nuclear calamity, we must oppose imperialism in all its forms, and regardless of its source and rhetoric. Through snapshots of China’s growing social movements—from its labor struggles to feminist campaigns, and more—Lin, Liu, Friedman, and Smith provide some of the building blocks we’ll need to construct a movement that centers international solidarity across borders.
Download or read book State Capitalism Institutional Adaptation and the Chinese Miracle written by Barry Naughton and published by Cambridge University Press. This book was released on 2015-06-09 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's stunning growth rates have corresponded with the rise of 'state capitalism'. Since the mid-2000s, China's political economy has stabilized around a model where most sectors are marketized and increasingly integrated with the global economy; yet strategic industries remain firmly in the grasp of an elite empire of state-owned enterprises. What are the implications of state capitalism for industrial competitiveness, corporate governance, government-business relations, and domestic welfare? How does China's model of state capitalism compare with other examples of state-directed development in late industrializing countries? As China enters a phase of more modest growth, it is especially timely to understand how its institutions have adapted to new challenges and party-state priorities. In this volume, leading scholars of China's economy, politics, history, and society explore these compelling issues.
Download or read book Making Capitalism in Rural China written by Michael John Webber and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This stimulating and challenging book explores the duplicitous nature of development in China. On the positive side, it brings longer and healthier lives; fewer children dead before they are five years old; more comfort and security from famine and disaster; more education; more communication; more travel; less war. But from another, darker perspective, development brings violence to some people – those who are in the way of the new things, those who cannot adapt to the new ways – and it threatens old knowledges, habits and societies as it disrupts old power structures. Michael Webber presents fascinating case studies that demonstrate what these forms of development mean for people who are relatively weak or powerless – those who post-colonial theorists call the subalterns. The cases illustrate how development can change the manner in which people relate to each other and threatens their entire environment. Through this detailed consideration of the impacts of development on the people who live in those places, he examines whether these changes represent the emergence of capitalism or a transition, develops a theory of relationships between economy and daily life and questions the very nature of Chinese capitalism. This multidisciplinary study encompasses the social sciences to provide a coherent view of the forms that development takes in various places within rural China. As such, it will prove a fascinating and thought-provoking read for undergraduates, postgraduate students and researchers within economics, Asian studies, development studies and geography.
