Author: Steven Mark Cohn
Publisher: Routledge
ISBN: 1134829590
Category : Business & Economics
Languages : en
Pages : 598
Book Description
When the Chinese economic reforms began in 1978, Marxist economics infused all the institutions of economic theory in China, from academic departments and economics journals to government departments and economic think tanks. By the year 2000, neoclassical economics dominated these institutions and organized most economic discussion. This book explains how and why neoclassical economic theory replaced Marxist economic theory as the dominant economics paradigm in China. It rejects the idea that the rise of neoclassical theory was a triumph of reason over ideology, and instead, using a sociology of knowledge approach, links the rise of neoclassical economics to broad ideological currents and to the political-economic projects that key social groups inside and outside China wanted to enable. The book concludes with a discussion of the nature of economic theory and economics education in China today.
Competing Economic Paradigms in China
Author: Steven Mark Cohn
Publisher: Routledge
ISBN: 1134829590
Category : Business & Economics
Languages : en
Pages : 598
Book Description
When the Chinese economic reforms began in 1978, Marxist economics infused all the institutions of economic theory in China, from academic departments and economics journals to government departments and economic think tanks. By the year 2000, neoclassical economics dominated these institutions and organized most economic discussion. This book explains how and why neoclassical economic theory replaced Marxist economic theory as the dominant economics paradigm in China. It rejects the idea that the rise of neoclassical theory was a triumph of reason over ideology, and instead, using a sociology of knowledge approach, links the rise of neoclassical economics to broad ideological currents and to the political-economic projects that key social groups inside and outside China wanted to enable. The book concludes with a discussion of the nature of economic theory and economics education in China today.
Publisher: Routledge
ISBN: 1134829590
Category : Business & Economics
Languages : en
Pages : 598
Book Description
When the Chinese economic reforms began in 1978, Marxist economics infused all the institutions of economic theory in China, from academic departments and economics journals to government departments and economic think tanks. By the year 2000, neoclassical economics dominated these institutions and organized most economic discussion. This book explains how and why neoclassical economic theory replaced Marxist economic theory as the dominant economics paradigm in China. It rejects the idea that the rise of neoclassical theory was a triumph of reason over ideology, and instead, using a sociology of knowledge approach, links the rise of neoclassical economics to broad ideological currents and to the political-economic projects that key social groups inside and outside China wanted to enable. The book concludes with a discussion of the nature of economic theory and economics education in China today.
Unlikely Partners
Author: Julian Gewirtz
Publisher: Harvard University Press
ISBN: 0674971132
Category : Business & Economics
Languages : en
Pages : 412
Book Description
Introduction: River crossings -- The great helmsman departs -- Pushing off from shore -- A swifter vessel -- Navigating the crosscurrents -- Through treacherous waters -- Days on the river -- In the wake -- A tempestuous season -- The narrows of the river -- At the delta -- Conclusion: Arrivals and departures
Publisher: Harvard University Press
ISBN: 0674971132
Category : Business & Economics
Languages : en
Pages : 412
Book Description
Introduction: River crossings -- The great helmsman departs -- Pushing off from shore -- A swifter vessel -- Navigating the crosscurrents -- Through treacherous waters -- Days on the river -- In the wake -- A tempestuous season -- The narrows of the river -- At the delta -- Conclusion: Arrivals and departures
Tea War
Author: Andrew B. Liu
Publisher: Yale University Press
ISBN: 0300252331
Category : History
Languages : en
Pages : 359
Book Description
A history of capitalism in nineteenth‑ and twentieth‑century China and India that explores the competition between their tea industries “Tea War is not only a detailed comparative history of the transformation of tea production in the 19th and early 20th centuries, but it also intervenes in larger debates about the nature of capitalism, global modernity, and global history.”— Alexander F. Day, Occidental College Tea remains the world’s most popular commercial drink today, and at the turn of the twentieth century, it represented the largest export industry of both China and colonial India. In analyzing the global competition between Chinese and Indian tea, Andrew B. Liu challenges past economic histories premised on the technical “divergence” between the West and the Rest, arguing instead that seemingly traditional technologies and practices were central to modern capital accumulation across Asia. He shows how competitive pressures compelled Chinese merchants to adopt abstract industrial conceptions of time, while colonial planters in India pushed for labor indenture laws to support factory-style tea plantations. Characterizations of China and India as premodern backwaters, he explains, were themselves the historical result of new notions of political economy adopted by Chinese and Indian nationalists, who discovered that these abstract ideas corresponded to concrete social changes in their local surroundings. Together, these stories point toward a more flexible and globally oriented conceptualization of the history of capitalism in China and India.
Publisher: Yale University Press
ISBN: 0300252331
Category : History
Languages : en
Pages : 359
Book Description
A history of capitalism in nineteenth‑ and twentieth‑century China and India that explores the competition between their tea industries “Tea War is not only a detailed comparative history of the transformation of tea production in the 19th and early 20th centuries, but it also intervenes in larger debates about the nature of capitalism, global modernity, and global history.”— Alexander F. Day, Occidental College Tea remains the world’s most popular commercial drink today, and at the turn of the twentieth century, it represented the largest export industry of both China and colonial India. In analyzing the global competition between Chinese and Indian tea, Andrew B. Liu challenges past economic histories premised on the technical “divergence” between the West and the Rest, arguing instead that seemingly traditional technologies and practices were central to modern capital accumulation across Asia. He shows how competitive pressures compelled Chinese merchants to adopt abstract industrial conceptions of time, while colonial planters in India pushed for labor indenture laws to support factory-style tea plantations. Characterizations of China and India as premodern backwaters, he explains, were themselves the historical result of new notions of political economy adopted by Chinese and Indian nationalists, who discovered that these abstract ideas corresponded to concrete social changes in their local surroundings. Together, these stories point toward a more flexible and globally oriented conceptualization of the history of capitalism in China and India.
China, Inc
Author: Ted C. Fishman
Publisher: Simon and Schuster
ISBN: 9780743257527
Category : Business & Economics
Languages : en
Pages : 364
Book Description
What will happen when China can make nearly everything the U.S. and Europe can make--at one-third the cost? Fishman delves into dangerous question that not everyone wants answered.
Publisher: Simon and Schuster
ISBN: 9780743257527
Category : Business & Economics
Languages : en
Pages : 364
Book Description
What will happen when China can make nearly everything the U.S. and Europe can make--at one-third the cost? Fishman delves into dangerous question that not everyone wants answered.
The Antitrust Paradigm
Author: Jonathan B. Baker
Publisher: Harvard University Press
ISBN: 0674975782
Category : Law
Languages : en
Pages : 369
Book Description
A new and urgently needed guide to making the American economy more competitive at a time when tech giants have amassed vast market power. The U.S. economy is growing less competitive. Large businesses increasingly profit by taking advantage of their customers and suppliers. These firms can also use sophisticated pricing algorithms and customer data to secure substantial and persistent advantages over smaller players. In our new Gilded Age, the likes of Google and Amazon fill the roles of Standard Oil and U.S. Steel. Jonathan Baker shows how business practices harming competition manage to go unchecked. The law has fallen behind technology, but that is not the only problem. Inspired by Robert Bork, Richard Posner, and the “Chicago school,” the Supreme Court has, since the Reagan years, steadily eroded the protections of antitrust. The Antitrust Paradigm demonstrates that Chicago-style reforms intended to unleash competitive enterprise have instead inflated market power, harming the welfare of workers and consumers, squelching innovation, and reducing overall economic growth. Baker identifies the errors in economic arguments for staying the course and advocates for a middle path between laissez-faire and forced deconcentration: the revival of pro-competitive economic regulation, of which antitrust has long been the backbone. Drawing on the latest in empirical and theoretical economics to defend the benefits of antitrust, Baker shows how enforcement and jurisprudence can be updated for the high-tech economy. His prescription is straightforward. The sooner courts and the antitrust enforcement agencies stop listening to the Chicago school and start paying attention to modern economics, the sooner Americans will reap the benefits of competition.
Publisher: Harvard University Press
ISBN: 0674975782
Category : Law
Languages : en
Pages : 369
Book Description
A new and urgently needed guide to making the American economy more competitive at a time when tech giants have amassed vast market power. The U.S. economy is growing less competitive. Large businesses increasingly profit by taking advantage of their customers and suppliers. These firms can also use sophisticated pricing algorithms and customer data to secure substantial and persistent advantages over smaller players. In our new Gilded Age, the likes of Google and Amazon fill the roles of Standard Oil and U.S. Steel. Jonathan Baker shows how business practices harming competition manage to go unchecked. The law has fallen behind technology, but that is not the only problem. Inspired by Robert Bork, Richard Posner, and the “Chicago school,” the Supreme Court has, since the Reagan years, steadily eroded the protections of antitrust. The Antitrust Paradigm demonstrates that Chicago-style reforms intended to unleash competitive enterprise have instead inflated market power, harming the welfare of workers and consumers, squelching innovation, and reducing overall economic growth. Baker identifies the errors in economic arguments for staying the course and advocates for a middle path between laissez-faire and forced deconcentration: the revival of pro-competitive economic regulation, of which antitrust has long been the backbone. Drawing on the latest in empirical and theoretical economics to defend the benefits of antitrust, Baker shows how enforcement and jurisprudence can be updated for the high-tech economy. His prescription is straightforward. The sooner courts and the antitrust enforcement agencies stop listening to the Chicago school and start paying attention to modern economics, the sooner Americans will reap the benefits of competition.
China in the International Economic Order
Author: Lisa Toohey
Publisher: Cambridge University Press
ISBN: 1316299260
Category : Law
Languages : en
Pages : 345
Book Description
The enormous economic power of the People's Republic of China makes it one of the most important actors in the international system. Since China's accession to the World Trade Organization in 2001, all fields of international economic law have been impacted by greater Chinese participation. Now, just over one decade later, the question remains as to whether China's unique characteristics make its engagement fundamentally different from that of other players. In this volume, well-known scholars from outside China consider the country's approach to international economic law. In addition to the usual foci of trade and investment, the authors also consider monetary law, finance, competition law, and intellectual property. What emerges is a rare portrait of China's strategy across the full spectrum of international economic activity.
Publisher: Cambridge University Press
ISBN: 1316299260
Category : Law
Languages : en
Pages : 345
Book Description
The enormous economic power of the People's Republic of China makes it one of the most important actors in the international system. Since China's accession to the World Trade Organization in 2001, all fields of international economic law have been impacted by greater Chinese participation. Now, just over one decade later, the question remains as to whether China's unique characteristics make its engagement fundamentally different from that of other players. In this volume, well-known scholars from outside China consider the country's approach to international economic law. In addition to the usual foci of trade and investment, the authors also consider monetary law, finance, competition law, and intellectual property. What emerges is a rare portrait of China's strategy across the full spectrum of international economic activity.
China's Large Enterprises and the Challenge of Late Industrialisation
Author: Dylan Sutherland
Publisher: Routledge
ISBN: 1134403305
Category : Political Science
Languages : en
Pages : 208
Book Description
Considers the 'late industrialisation' of China, showing how government policies have encouraged the development of 120 'national champions' (akin to Japanese keiretsu and South Korean chaebol ), how these 'national champions' compete with multinational enterprises, and how China's rapid and successful 'late industrialisation' does not fit orthodox economic theories. The book provides a detailed illustration of these wider issues with a case study of the auto industry.
Publisher: Routledge
ISBN: 1134403305
Category : Political Science
Languages : en
Pages : 208
Book Description
Considers the 'late industrialisation' of China, showing how government policies have encouraged the development of 120 'national champions' (akin to Japanese keiretsu and South Korean chaebol ), how these 'national champions' compete with multinational enterprises, and how China's rapid and successful 'late industrialisation' does not fit orthodox economic theories. The book provides a detailed illustration of these wider issues with a case study of the auto industry.
Social Policy in China
Author: Chak Kwan Chan
Publisher: Policy Press
ISBN: 1861348800
Category : Political Science
Languages : en
Pages : 248
Book Description
This much-needed new textbook introduces readers to the development of China's welfare polices since its conception of an open-door policy in 1978. Setting out basic concepts and issues, including key terms and the process of policy making, it overcomes a major barrier to understanding Chinese social policy. The book explores in detail the five key policy areas of employment, social security, health, education and housing. Each is examined using a human well-being framework comprising both qualitative and quantitative data and eight dimensions: physical and psychological well-being, social integration, fulfilment of caring duties, human learning and development, self-determination, equal value and just polity. This enables the authors to provide not only factual information on policies but also an in-depth understanding of the impact of welfare changes on the quality of life of Chinese people over the past three decades. A major strength of the book lies in its use of primary Chinese language sources, including relevant White Papers, central and local government policy documents, academic research studies and newspapers for each policy area. There are very few books in English on social policy in China, and this book will be welcomed both by academics and students of China and East Asian studies and comparative social policy and by those who want to know more about China's social development.
Publisher: Policy Press
ISBN: 1861348800
Category : Political Science
Languages : en
Pages : 248
Book Description
This much-needed new textbook introduces readers to the development of China's welfare polices since its conception of an open-door policy in 1978. Setting out basic concepts and issues, including key terms and the process of policy making, it overcomes a major barrier to understanding Chinese social policy. The book explores in detail the five key policy areas of employment, social security, health, education and housing. Each is examined using a human well-being framework comprising both qualitative and quantitative data and eight dimensions: physical and psychological well-being, social integration, fulfilment of caring duties, human learning and development, self-determination, equal value and just polity. This enables the authors to provide not only factual information on policies but also an in-depth understanding of the impact of welfare changes on the quality of life of Chinese people over the past three decades. A major strength of the book lies in its use of primary Chinese language sources, including relevant White Papers, central and local government policy documents, academic research studies and newspapers for each policy area. There are very few books in English on social policy in China, and this book will be welcomed both by academics and students of China and East Asian studies and comparative social policy and by those who want to know more about China's social development.
Europe and China
Author: Roland Vogt
Publisher: Hong Kong University Press
ISBN: 9888083872
Category : Political Science
Languages : en
Pages : 301
Book Description
This edited volume analyzes the changing nature of the relationship between China and Europe. This relationship has been subject to significant shifts and transformations, not least because of the enormity of China's social and economic development since1978 and the political consequences this has brought about in international politics. The global financial crisis of 2008-09 and the subsequent sovereign debt emergency in Europe have also altered the nature of the interactions between the two regions. China has become a more assertive, confident, and active player on the global stage. Its economic development is now a major pillar of the global economy and its growth has been conducive for a fragile economic recovery to take place in Europe and beyond.
Publisher: Hong Kong University Press
ISBN: 9888083872
Category : Political Science
Languages : en
Pages : 301
Book Description
This edited volume analyzes the changing nature of the relationship between China and Europe. This relationship has been subject to significant shifts and transformations, not least because of the enormity of China's social and economic development since1978 and the political consequences this has brought about in international politics. The global financial crisis of 2008-09 and the subsequent sovereign debt emergency in Europe have also altered the nature of the interactions between the two regions. China has become a more assertive, confident, and active player on the global stage. Its economic development is now a major pillar of the global economy and its growth has been conducive for a fragile economic recovery to take place in Europe and beyond.
Contending Economic Theories
Author: Richard D. Wolff
Publisher: MIT Press
ISBN: 0262517833
Category : Business & Economics
Languages : en
Pages : 425
Book Description
A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.
Publisher: MIT Press
ISBN: 0262517833
Category : Business & Economics
Languages : en
Pages : 425
Book Description
A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.