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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.
Book Synopsis Capitalism from Below by : Victor Nee
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.
The distinction between 'capitalism from above' and 'capitalism from below' is important in the analysis of the agrarian question in poor countries. The 'Prussian path' and the 'American path' are here examined, against existing historical scholarship. Their unfolding, from their earliest roots to the point of final 'agrarian transition' in the nineteenth and twentieth centuries, is considered. The dialectic between social relations and productive forces, mediated as it was by the state, is treated and the implications for capitalist industrialisation scrutinised.
Book Synopsis Capitalism from Above and Capitalism from Below by : T. Byres
Download or read book Capitalism from Above and Capitalism from Below written by T. Byres and published by Springer. This book was released on 1997-01-12 with total page 509 pages. Available in PDF, EPUB and Kindle. Book excerpt: The distinction between 'capitalism from above' and 'capitalism from below' is important in the analysis of the agrarian question in poor countries. The 'Prussian path' and the 'American path' are here examined, against existing historical scholarship. Their unfolding, from their earliest roots to the point of final 'agrarian transition' in the nineteenth and twentieth centuries, is considered. The dialectic between social relations and productive forces, mediated as it was by the state, is treated and the implications for capitalist industrialisation scrutinised.
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.
Book Synopsis How China Became Capitalist by : R. Coase
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 256 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.
Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.
Book Synopsis The Future of Capitalism by : Paul Collier
Download or read book The Future of Capitalism written by Paul Collier and published by HarperCollins. This book was released on 2018-12-04 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.
Shows that in a predatory regime localized property rights protection is possible due to elite cleavage within the regime.
Book Synopsis Revolutionary Legacy, Power Structure, and Grassroots Capitalism Under the Red Flag in China by : Qi Zhang
Download or read book Revolutionary Legacy, Power Structure, and Grassroots Capitalism Under the Red Flag in China written by Qi Zhang and published by Cambridge University Press. This book was released on 2019-03-21 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shows that in a predatory regime localized property rights protection is possible due to elite cleavage within the regime.
The Communist Road to Capitalism explores how a dynamic of social struggles from below followed by countermeasures of the Chinese Communist Party (CCP) regime has pushed the historical evolution of the People’s Republic of China (PRC) since 1949. Under socialism until the mid-1970s, during the ensuing transition until the mid-1990s, and in the capitalist period since, the CCP regime responded to the struggles of workers, peasants, migrants, and women* with a mix of repression, concession, cooptation, and reform. Ralf Ruckus shows that this dynamic took the country into a new phase each time—and eventually all the way from socialism to capitalism: in the 1950s, labor struggles and the Hundred Flowers Movement were followed by the regime’s Great Leap Forward; in the 1960s, the Cultural Revolution led to the CCP’s failed attempt to revitalize socialism; in the 1970s, social unrest and movements for a democratic socialism made room for the regime’s Reform and Opening policies; in the late 1980s, the Tian’anmen Square uprising triggered more radical reforms; in the 1990s, peasant and state worker unrest could not stop the capitalist restructuring; and in the 2000s, migrant worker struggles led to concessions, tightened repression, and the regime’s global capitalist expansion strategy in the 2010s. The Communist Road to Capitalism breaks with established orthodoxies about the PRC’s socialist “successes” and myths on its later rise as an economic power. It combines a historiography of workers’, peasants’, migrants’, and women*’s struggles with a searing critique of exploitation, authoritarian state power and gender discrimination under socialism and capitalism. Drawing lessons from PRC history, Ralf Ruckus finally outlines political aims and methods for the left that avoid past mistakes and allow to fight on for a society free of all forms of exploitation and oppression.
Book Synopsis The Communist Road to Capitalism by : Ralf Ruckus
Download or read book The Communist Road to Capitalism written by Ralf Ruckus and published by PM Press. This book was released on 2021-07-27 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Communist Road to Capitalism explores how a dynamic of social struggles from below followed by countermeasures of the Chinese Communist Party (CCP) regime has pushed the historical evolution of the People’s Republic of China (PRC) since 1949. Under socialism until the mid-1970s, during the ensuing transition until the mid-1990s, and in the capitalist period since, the CCP regime responded to the struggles of workers, peasants, migrants, and women* with a mix of repression, concession, cooptation, and reform. Ralf Ruckus shows that this dynamic took the country into a new phase each time—and eventually all the way from socialism to capitalism: in the 1950s, labor struggles and the Hundred Flowers Movement were followed by the regime’s Great Leap Forward; in the 1960s, the Cultural Revolution led to the CCP’s failed attempt to revitalize socialism; in the 1970s, social unrest and movements for a democratic socialism made room for the regime’s Reform and Opening policies; in the late 1980s, the Tian’anmen Square uprising triggered more radical reforms; in the 1990s, peasant and state worker unrest could not stop the capitalist restructuring; and in the 2000s, migrant worker struggles led to concessions, tightened repression, and the regime’s global capitalist expansion strategy in the 2010s. The Communist Road to Capitalism breaks with established orthodoxies about the PRC’s socialist “successes” and myths on its later rise as an economic power. It combines a historiography of workers’, peasants’, migrants’, and women*’s struggles with a searing critique of exploitation, authoritarian state power and gender discrimination under socialism and capitalism. Drawing lessons from PRC history, Ralf Ruckus finally outlines political aims and methods for the left that avoid past mistakes and allow to fight on for a society free of all forms of exploitation and oppression.
The global economy is dominated by a powerful set of established and emerging capitalisms, from the long-standing capitalist economies of the West to the rising economies of the BRIC (Brazil, Russia, India and China) countries. An understanding of capitalism is therefore fundamental to understanding the modern world. Capitalism: The Basics is an accessible introduction to a variety of capitalisms and explores key topics such as: the history of major capitalist economies; the central role played by both states and markets in the global economy; the impact of capitalism on wages, workers and welfare; approaches to the analysis of capitalism, and choices for capitalism’s future. Examining capitalism from both above and below, featuring a range of case studies from around the globe, and including a comprehensive glossary, this book is the ideal introduction for students studying capitalism.
Book Synopsis Capitalism: The Basics by : David Coates
Download or read book Capitalism: The Basics written by David Coates and published by Routledge. This book was released on 2015-09-07 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy is dominated by a powerful set of established and emerging capitalisms, from the long-standing capitalist economies of the West to the rising economies of the BRIC (Brazil, Russia, India and China) countries. An understanding of capitalism is therefore fundamental to understanding the modern world. Capitalism: The Basics is an accessible introduction to a variety of capitalisms and explores key topics such as: the history of major capitalist economies; the central role played by both states and markets in the global economy; the impact of capitalism on wages, workers and welfare; approaches to the analysis of capitalism, and choices for capitalism’s future. Examining capitalism from both above and below, featuring a range of case studies from around the globe, and including a comprehensive glossary, this book is the ideal introduction for students studying capitalism.
This text examines the domestic and global consequences of Chinese state capitalism, focusing on the impact of state-owned enterprises on regulation and policy, while placing China's variety of state capitalism in comparative perspective.
Book Synopsis Regulating the Visible Hand? by : Benjamin L. Liebman
Download or read book Regulating the Visible Hand? written by Benjamin L. Liebman and published by Oxford University Press, USA. This book was released on 2016 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text examines the domestic and global consequences of Chinese state capitalism, focusing on the impact of state-owned enterprises on regulation and policy, while placing China's variety of state capitalism in comparative perspective.
This volume explores how Chinese institutions have adapted to the new challenges of 'state capitalism'.
Book Synopsis State Capitalism, Institutional Adaptation, and the Chinese Miracle by : Barry Naughton
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: This volume explores how Chinese institutions have adapted to the new challenges of 'state capitalism'.
With one side of the political aisle proposing increasingly more socialistic and anti-capitalistic ideas, the other side has been quick to defend our country’s great economic model, with good reason. Capitalism--spanning a spectrum from laissez faire to authoritarian--shapes the market economies of all the wealthiest and fastest-growing nations. But does that mean it is perfect as is, and that we would not all benefit from an honest evaluation and reconstruction of the free market system that has shaped our country’s way of economic growth?The truth is, trouble is cracking capitalism’s shiny veneer. In the US, Europe, and Japan, economic growth has slowed down. Wealth is concentrated in the hands of a few; natural resources are exploited for short-term profit; and good jobs are hard to find. In Confronting Capitalism, business expert Philip Kotler explains 14 major problems undermining capitalism, including:• Persistent and increasing poverty• Automation’s effects on job creation• High debt burdens• Steep environmental costs• Boom-bust economic cycles• And moreBut this landmark book does not stop with merely revealing the problems. It also delivers a heartening message: We can turn things around! Movements toward shared prosperity and a higher purpose are reinvigorating companies large and small, while proposals abound on government policies that offer protections without stagnation. Kotler identifies the best ideas, linking private and public initiatives into a force for positive change, and offers suggestions for returning to a healthier, more sustainable capitalism that works for all.
Book Synopsis Confronting Capitalism by : Philip Kotler
Download or read book Confronting Capitalism written by Philip Kotler and published by AMACOM. This book was released on 2015-04-15 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: With one side of the political aisle proposing increasingly more socialistic and anti-capitalistic ideas, the other side has been quick to defend our country’s great economic model, with good reason. Capitalism--spanning a spectrum from laissez faire to authoritarian--shapes the market economies of all the wealthiest and fastest-growing nations. But does that mean it is perfect as is, and that we would not all benefit from an honest evaluation and reconstruction of the free market system that has shaped our country’s way of economic growth?The truth is, trouble is cracking capitalism’s shiny veneer. In the US, Europe, and Japan, economic growth has slowed down. Wealth is concentrated in the hands of a few; natural resources are exploited for short-term profit; and good jobs are hard to find. In Confronting Capitalism, business expert Philip Kotler explains 14 major problems undermining capitalism, including:• Persistent and increasing poverty• Automation’s effects on job creation• High debt burdens• Steep environmental costs• Boom-bust economic cycles• And moreBut this landmark book does not stop with merely revealing the problems. It also delivers a heartening message: We can turn things around! Movements toward shared prosperity and a higher purpose are reinvigorating companies large and small, while proposals abound on government policies that offer protections without stagnation. Kotler identifies the best ideas, linking private and public initiatives into a force for positive change, and offers suggestions for returning to a healthier, more sustainable capitalism that works for all.
