Communists constructing capitalism

Communists constructing capitalism

Author: Julian Gruin

Publisher: Manchester University Press

Published: 2019-07-04

Total Pages: 322

ISBN-13: 1526135353

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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.


Book Synopsis Communists constructing capitalism by : Julian Gruin

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.

Constructing China's Capitalism

Constructing China's Capitalism

Author: D. Buck

Publisher: Springer

Published: 2012-08-06

Total Pages: 267

ISBN-13: 1137074078

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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.


Book Synopsis Constructing China's Capitalism by : D. Buck

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 267 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.

Making Capitalism in China

Making Capitalism in China

Author: You-tien Hsing

Publisher: Oxford University Press, USA

Published: 1998

Total Pages: 265

ISBN-13: 0195103246

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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.


Book Synopsis Making Capitalism in China by : You-tien Hsing

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.

China Constructing Capitalism

China Constructing Capitalism

Author: Michael Keith

Publisher: Routledge

Published: 2013-09-23

Total Pages: 375

ISBN-13: 1134004516

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China has been growing at over ten per cent annually since 1978, but this has only come to very widespread notice in the past decade. This received wisdom about China has been largely of two types, both of which – more or less – understand China in the context of neoliberalism. The more business- or business studies-oriented literature seems to argue that if China does not adapt the rule of clear and distinct property and contract law – in short, of Western institutions – its economy will stall. The second set of voices is more clearly from the left, arguing that the Chinese economy, and city, is neo-liberal. For them, China does not diverge widely from the Anglo-American model that, from 2008, has brought the world economy to its knees. China Constructing Capitalism takes issue with these analyses. 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. The two central theses of their argument are: economic life – neo-liberal economic life is individualized and disembedded, while the China model is relational and situated urban change – China has created a form of ‘local state capitalism’ which stands in contrast to neoliberal versions of the city. 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. China Constructing Capitalism is a must-read for social scientists, policy makers and investors.


Book Synopsis China Constructing Capitalism by : Michael Keith

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 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has been growing at over ten per cent annually since 1978, but this has only come to very widespread notice in the past decade. This received wisdom about China has been largely of two types, both of which – more or less – understand China in the context of neoliberalism. The more business- or business studies-oriented literature seems to argue that if China does not adapt the rule of clear and distinct property and contract law – in short, of Western institutions – its economy will stall. The second set of voices is more clearly from the left, arguing that the Chinese economy, and city, is neo-liberal. For them, China does not diverge widely from the Anglo-American model that, from 2008, has brought the world economy to its knees. China Constructing Capitalism takes issue with these analyses. 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. The two central theses of their argument are: economic life – neo-liberal economic life is individualized and disembedded, while the China model is relational and situated urban change – China has created a form of ‘local state capitalism’ which stands in contrast to neoliberal versions of the city. 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. China Constructing Capitalism is a must-read for social scientists, policy makers and investors.

China Constructing Capitalism

China Constructing Capitalism

Author: Michael Keith

Publisher: Routledge

Published: 2013-09-23

Total Pages: 345

ISBN-13: 1134004524

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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.


Book Synopsis China Constructing Capitalism by : Michael Keith

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.

How China Became Capitalist

How China Became Capitalist

Author: R. Coase

Publisher: Springer

Published: 2016-04-30

Total Pages: 256

ISBN-13: 1137019379

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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.

Capitalism with Chinese Characteristics

Capitalism with Chinese Characteristics

Author: Yasheng Huang

Publisher: Cambridge University Press

Published: 2008-09-01

Total Pages: 560

ISBN-13: 1139475134

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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.


Book Synopsis Capitalism with Chinese Characteristics by : Yasheng Huang

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.

The State of China’s State Capitalism

The State of China’s State Capitalism

Author: Juann H. Hung

Publisher: Springer

Published: 2018-11-23

Total Pages: 354

ISBN-13: 9811309833

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This book comprises a collection of well-researched essays on selected contemporary economic and finance issues in China, making a timely contribution to the intellectual intercourse regarding the implications of China’s rise. These essays analyze issues related to the state of China’s ecology, real estate market, inbound and outbound FDI, income inequality, etc., and offer analysis on the policy and institutional causes of those issues. Readers will be able to infer their implications for business opportunities in China and the tradeoff / tension between economic growth and social welfare. Moreover, this book introduces an array of data and data sources useful to scholars and practitioners interested in studying the Chinese model of economic growth. This book will be a valuable resource to journalists and scholars trying to gain insight into China’s extraordinary pace of growth in the past three decades.


Book Synopsis The State of China’s State Capitalism by : Juann H. Hung

Download or read book The State of China’s State Capitalism written by Juann H. Hung and published by Springer. This book was released on 2018-11-23 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book comprises a collection of well-researched essays on selected contemporary economic and finance issues in China, making a timely contribution to the intellectual intercourse regarding the implications of China’s rise. These essays analyze issues related to the state of China’s ecology, real estate market, inbound and outbound FDI, income inequality, etc., and offer analysis on the policy and institutional causes of those issues. Readers will be able to infer their implications for business opportunities in China and the tradeoff / tension between economic growth and social welfare. Moreover, this book introduces an array of data and data sources useful to scholars and practitioners interested in studying the Chinese model of economic growth. This book will be a valuable resource to journalists and scholars trying to gain insight into China’s extraordinary pace of growth in the past three decades.

Capitalism from Below

Capitalism from Below

Author: Victor Nee

Publisher: Harvard University Press

Published: 2012-06-19

Total Pages: 450

ISBN-13: 0674065395

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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.

Making Capitalism in Rural China

Making Capitalism in Rural China

Author: Michael John Webber

Publisher: Edward Elgar Publishing

Published: 2012-01-01

Total Pages: 337

ISBN-13: 0857934104

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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.


Book Synopsis Making Capitalism in Rural China by : Michael John Webber

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.