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Author: Dexter Roberts
Publisher: Macmillan + ORM
ISBN: 1250089387
Category : Political Science
Languages : en
Pages : 183
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Book Description
The “vivid, provocative” untold story of how restrictive policies are preventing China from becoming the world’s largest economy (Evan Osnos). 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 boots-on-the-ground cautionary picture of China for a world now held in its financial thrall. Praise for The Myth of Chinese Capitalism “A gimlet-eyed look at an economic miracle that may not be so miraculous after all.” —Kirkus Reviews “A clearheaded and persuasive counter-narrative to the notion that the Chinese economic model is set to take over the world. Readers looking for an informed and nuanced perspective on modern China will find it here.” —Publishers Weekly “A sophisticated and readable take of China’s triumphs and crises. . . . A first-hand witness to China’s transformation over the past quarter century, Roberts credibly challenges the myth of China’s inevitable rise and global dominance.” —Ian Johnson, Pulitzer Prize–winning author and Beijing-based correspondent “A potent mix of personal stories and deft analysis, The Myth of Chinese Capitalism takes a hard look at China’s migrants and rural people.” —Mei Fong, Pulitzer Prize–winning journalist and author of One Child: The Story of China’s Most RadicalExperiment
Author: Dexter Roberts
Publisher: Macmillan + ORM
ISBN: 1250089387
Category : Political Science
Languages : en
Pages : 183
Get Book Here
Book Description
The “vivid, provocative” untold story of how restrictive policies are preventing China from becoming the world’s largest economy (Evan Osnos). 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 boots-on-the-ground cautionary picture of China for a world now held in its financial thrall. Praise for The Myth of Chinese Capitalism “A gimlet-eyed look at an economic miracle that may not be so miraculous after all.” —Kirkus Reviews “A clearheaded and persuasive counter-narrative to the notion that the Chinese economic model is set to take over the world. Readers looking for an informed and nuanced perspective on modern China will find it here.” —Publishers Weekly “A sophisticated and readable take of China’s triumphs and crises. . . . A first-hand witness to China’s transformation over the past quarter century, Roberts credibly challenges the myth of China’s inevitable rise and global dominance.” —Ian Johnson, Pulitzer Prize–winning author and Beijing-based correspondent “A potent mix of personal stories and deft analysis, The Myth of Chinese Capitalism takes a hard look at China’s migrants and rural people.” —Mei Fong, Pulitzer Prize–winning journalist and author of One Child: The Story of China’s Most RadicalExperiment
Author: Souchou Yao
Publisher: Routledge
ISBN: 1136128026
Category : Business & Economics
Languages : en
Pages : 198
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Book Description
The discourse of Confucian Capitalism has been crucial in shaping our understanding of the brilliant economic successes of the Chinese diaspora all over the world. From this perspective, hard work, family values, and communal cohesion, as well as business practices based on sentiment, trust, and social networks, are the legendary means of explaining the wealth and commercial talent of these remarkable people. The book examines the subject of Chinese business' by exposing the enduring myth about the determining effects of these values and practices supposedly derived from Confucianism. Such myth relies on an ahistorical and essentialised notion of Chinese Culture', and brings into focus three sites of controversy: the economically driven Chinese subject, work-place relations characterised by consensus and cultural sharing, and an operating ethos of collectivist, pre-capitalist sociality. In its interrogation of the discourse of Confucian capitalism, it is the aim of this book to arrive at a critically informed and socially realistic understanding of Chinese business. The author combines abstract analysis with examples from anthropological fieldwork among Chinese traders in Sarawak, East Malaysia. By anchoring theoretical discussion to real case-studies, the multi-disciplinary approach of this book offers a useful insight into Chinese business activities, and contributes to current debates in cultural studies, economic anthropology, the economic performance of overseas Chinese, and neo-Confucian societies more generally.
Author: Carl Walter
Publisher: John Wiley & Sons
ISBN: 1118255135
Category : Business & Economics
Languages : en
Pages : 290
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Book Description
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.
Author: James McGregor
Publisher: Easton Studio Press, LLC
ISBN: 1935212818
Category : Business & Economics
Languages : en
Pages : 150
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Book Description
In the past three decades, China has risen from near collapse to a powerhouse -- upending nearly every convention on the world stage, whether policy or business. China is now the globe’s second largest economy, second largest exporter, a manufacturing machine that has lifted 500 million of its citizens from poverty while producing more than one million US dollar millionaires. Then why do China’s leaders describe the nation’s economic model as “unstable and unsustainable”? Because it is. James McGregor has spent 25 years in China as a businessman, journalist and author. In this, his latest highly readable book, he offers extensive new research that pulls back the curtain on China’s economic power. He describes the much-vaunted “China Model” as one of authoritarian capitalism, a unique system that, in its own way, is terminating itself. It is proving incompatible with global trade and business governance. It is threatening multinationals, which fear losing their business secrets and technology to China’s mammoth state-owned enterprises. It is fielding those SOEs – China’s “national champions” -- into a global order angered by heavily subsidized state capitalism. And it is relying on an outdated investment and export model that’s running out of steam. What has worked in the past, won’t work in the future. The China Model must be radically overhauled if the country hopes to continue its march toward prosperity. The nation must consume more of what it makes. It must learn to innovate. It must unleash private enterprise. And the Communist Party bosses? They must cede their pervasive and smothering hold on economic power to foster the growth, and thus social stability, that they can’t survive without. Government must step back, the state-owned economy must be brought to heel, and opportunity must be freed. During the Tang Dynasty, an official in the imperial court observed: “No ancient wisdom, no followers.” He was lamenting that regime was headed alone into dangerous and uncharted waters without any precedent for guidance. Again today – as McGregor makes clear – this is China’s greatest challenge.
Author: Tobias ten Brink
Publisher: University of Pennsylvania Press
ISBN: 081229579X
Category : Political Science
Languages : en
Pages : 327
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Book Description
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.
Author: R. Coase
Publisher: Springer
ISBN: 1137019379
Category : Business & Economics
Languages : en
Pages : 268
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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.
Author: Sam King
Publisher: Manchester University Press
ISBN: 1526159007
Category : Political Science
Languages : en
Pages : 277
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Book Description
China and other Third World societies cannot 'catch up' with the rich countries. The contemporary world system is permanently dominated by a small group of rich countries who maintain a vice-like grip over the key parts of the labour process – over the most technologically sophisticated and complex labour. Globalisation of production since the 1980s means much more of the world’s work is now carried out in the poor countries, yet it is the rich, imperialist countries – through their domination of the labour process – that monopolise most of the benefits. Income levels in the First World remain five and ten times higher than Third World countries. The huge gulf between rich and poor worlds is getting bigger not smaller. Under capitalist imperialism, it is permanent. China has moved from being one of the poorest societies to a level now similar with other relatively developed Third World societies – like Mexico and Brazil. The dominant idea that it somehow threatens to ‘catch up’ economically, or overtake the rich countries paves the way for imperialist military and economic aggression against China. King’s meticulous study punctures the rising-China myth. His empirical and theoretical analysis shows that, as long as the world economy continues to be run for private profit, it can no longer produce new imperialist powers. Rather it will continue to reproduce the monopoly of the same rich countries generation after generation. The giant social divide between rich and poor countries cannot be overcome.
Author: Yann Moulier-Boutang
Publisher: Polity
ISBN: 0745647324
Category : Business & Economics
Languages : en
Pages : 258
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Book Description
This book argues that we are undergoing a transition from industrial capitalism to a new form of capitalism - what the author calls & lsquo; cognitive capitalism & rsquo;
Author: Keyu Jin
Publisher: Penguin
ISBN: 198487828X
Category : Business & Economics
Languages : en
Pages : 369
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Book Description
“Keyu Jin is a brilliant thinker.” —Tony Blair, former prime minster of the United Kingdom A myth-dispelling, comprehensive guide to the Chinese economy and its path to ascendancy. China's economy has been booming for decades now. A formidable and emerging power on the world stage, the China that most Americans picture is only a rough sketch, based on American news coverage, policy, and ways of understanding. Enter Keyu Jin: a world-renowned economist who was born in China, educated in the U.S., and is now a tenured professor at the London School of Economics. A person fluent in both Eastern and Western cultures, and a voice of the new generation of Chinese who represent a radical break from the past, Jin is uniquely poised to explain how China became the most successful economic story of our time, as it has shifted from primarily state-owned enterprise to an economy that is thriving in entrepreneurship, and participation in the global economy. China’s economic realm is colorful and lively, filled with paradoxes and conundrums, and Jin believes that by understanding the Chinese model, the people, the culture and history in its true perspective, one can reconcile what may appear to be contradictions to the Western eye. What follows is an illuminating account of a burgeoning world power, its past, and its potential future.
Author: Ben Chu
Publisher: Weidenfeld & Nicolson
ISBN: 0297868462
Category : Business & Economics
Languages : en
Pages : 210
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Book Description
'Chu's smart, iconoclastic portrait dismantles seven misconceptions' [NEW STATESMEN] about modern China and offers a corrective to Western assumptions. THE CHINESE ARE THE MOST HARDWORKING PEOPLE ON EARTH... so why are the younger generation derided as spoiled and lazy? CHINESE PEOPLE DON'T CARE ABOUT POLITICAL FREEDOM... so why is the country's internet exploding with anti-regime dissent? CHINA WILL ONE DAY RULE THE WORLD... so why do the country's political leaders feel so insecure? Perhaps it is time to stop engaging in a centuries-old game of Chinese whispers in which the facts have become more and more distorted in the telling. Ben Chu examines the myths that have come to dominate our view of the world's most populous nation, forcing us to question everything we thought we knew about it. The result is a penetrating, surprising and provocative insight into China today.
