How China Became Capitalist


Book Description

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.




China and Socialism


Book Description

The Fastest-Growing Economy In The World Today Is That Of China. For Many On The Left, The Chinese Economy Seems To Provide An Alternative Model Of Development To The Of Neoliberal Globalization. Although It Is A Disputed Question Whether The Chinese Economy Can Be Still Described As Socialist, There Is No Doubting The Importance For The Global Project Of Socialism Of Accurately Interpreting And Soberly Assessing Its Real Prospects. Hart-Landsberg And Burkett S China And Socialism Argues That Market Reforms In China Are Leading Inexorably Toward A Capitalist And Foreign-Dominated Development Path, With Enormous Social And Political Costs, Both Domestically And Internationally. The Rapid Economic Growth That Accompanied These Market Reforms Have Not Been Due To Efficiency Gains, But Rather To Deliberate Erosion Of The Infrastructure That Made Possible A Remarkable Degree Of Equality. The Transition To The Market Has Been Based On Rising Unemployment, Intensified Exploitation, Declining Health And Education Services, Exploding Government Debt, And Unstable Prices. At The Same Time, China S Economic Transformation Has Intensified The Contradictions Of Capitalist Development In Other Countries, Especially In East Asia. Far From Being A Model That Is Replicable In Other Third World Countries, China Today Is A Reminder Of The Need For Socialism To Be Built From The Grassroots Up, Through Class Struggle And International Solidarity.




China After Socialism


Book Description

As part of the series "Socialism and Social Movements", this volume explores the conditions and prospects of China moving toward a type of developmental state. The lessons of economic and political reform in Eastern Europe are discussed in relation to the overall topic.




The Communist Road to Capitalism


Book Description

The Communist Road to Capitalism is an in-depth exploration of the central role that the Chinese Communist Party (CCP) played in China's transformation from socialism to capitalism. While breaking with established orthodoxies that dominate stale discussions about China's rise as an economic power, This is both a bold reinterpretation of the history of the People's Republic of China and a searing critique of centralised state power. This book appeals to those who wish to better understand the dynamics and power of social struggles and the measures taken by governments to contain them through repression and co-optation.




2050 China


Book Description

This book is open access under a CC BY-NC-ND 4.0 license. This book is arranged and developed around the theme of “2050 China,” it analyzes the factors and advantages of the Chinese road to socialist modernization, explores and summarizes the development goal and the basic logic of the socialist modernization of China, and further shows the general basis of the primary stage of socialism. According to the report delivered at the 19th Party Congress, and according to the “two-stage” strategic plan, this book looks ahead in detail to the overarching objective and sub-objectives of essentially achieving socialist modernization by 2035, discusses the building of a great modern socialist country in all respects from the perspective of the Party’s six-sphere integrated plan of economic, political, cultural, social, ecological civilization, and national defense construction, and provides policy proposals. This book also analyzes the influence and the effect of the socialist modernization with Chinese characteristics on the world and it further presents the third centenary goal. In conclusion, this book is an elaboration of the work of the Institute for Contemporary China Studies, Tsinghua University. It reflects the intellectual innovation in the authors’ research on contemporary China, as well as the authors’ foresight and predictions about China’s future development.




Market and Socialism


Book Description

Although both China and Vietnam are making a decisive transition to the market economy, they have also insisted on the official ideology of socialism. This book studies fundamental issues concerning the relationship between market, property rights, and the ideology of socialism.




China's New Order


Book Description

Analysing the transformations that China has undertaken since 1989, Wang Hui argues that it features elements of the new global order as a whole in which considerations of economic growth and development have trumped every other concern, particularly democracy and social justice.




China in Transition


Book Description

As recent events in the Far East have demonstrated, China is a nation that is in the midst of a massive social and political upheaval. The Chinese leadership is as uncertain as the populace on the future course for modern China, and remains dramatically split over capitalism and communism, pragmatism and realism, and democracy and despotism. In this work, Ronald Glassman analyzes the remarkable changes that are occurring in China, and examines the country's difficult movement from state-run economics to free enterprise, and from Communist Party dictatorship to electoral democracy. The book focuses on the emergence of a modern middle class in China, illuminating their political and economic desires and their impact in a postcommunist society. Glassman provides a Weberian analysis of the recent radical changes, using the concepts of rationalization, the bureaucratic middle strata, the greater degree of efficiency of capitalism over socialism, the independent power of the state, and charismatic leadership to help explain China's transition to modernity. His study is divided into four sections, covering the majority middle class and democracy, free enterprise and democracy, the transition to a legal democratic state, and political culture, legitimacy, and charisma. The book concludes with the thesis that China will make the transition to democracy when the new generation of leaders comes to power and the middle class becomes the mediating stratum. Students of sociology, political science, and Chinese history will find this work to be a valuable resource, as will both public and academic libraries.




Is the East Still Red?


Book Description

Does China represent a non-capitalist alternative to neoliberal development models? Commentators on the left have offered sharply divergent assessments over the last two decades. A few still cling the old dream of market socialism, twinning efficiency with social justice. For most, however, China is proof that market reforms invariably yield dispossession, inequality, and capitalist restoration. Is the East Still Red? argues that both interpretations are wrong and exhibit a common failure to distinguish between market mechanisms and capitalist imperatives. Gary Blank situates the Chinese experience within broader Marxist debates on socio-historical transitions and primitive accumulation, highlighting the need to conceptualize capitalism as a unique system in which producers and appropriators depend on the market for their reproduction. Despite years of marketization, the mandarins in Beijing have not yet imposed full market dependence in industry and agriculture. He shows how the resistance of workers and peasants, the imperatives of party-state legitimacy, and the reproductive strategies of individual Communist officials and managers all act to perpetuate central aspects of a bureaucratic-collectivist system, in which direct producers and bureaucrats are effectively merged with the means of production. The People’s Republic may be a non-capitalist market alternative, albeit one that is hardly edifying for socialists.




The Transition to Socialism in China (Routledge Revivals)


Book Description

First published in 1982. The dramatic changes in policy and theory following the death of Chairman Mao in 1976 and the publication of the most extensive official and unofficial data on the Chinese economy and society in twenty years both necessitated and made possible a thorough reconsideration of the full range of issues pertaining to the political and economic trajectory of the People’s Republic in its first three decades. The contributors to this volume initiated a comprehensive effort to address fundamental problems of China’s socialist development and to reassess earlier perspectives and conclusions.