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How China Became Capitalist (International Economic Association)

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Synopses & Reviews

Publisher Comments:

How China Became Capitalist details the extraordinary, and often accidental, journey that China has taken over the past thirty years in transforming itself from a closed agrarian socialist economy to an indomitable force in the international arena.

The authors revitalize the debate around the development of the Chinese system through the use of primary sources. They persuasively argue that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, but that the ideas from the West eventually culminated in a fundamental change to their socialist model, forming an accidental path to capitalism. Coase and Wang argue that the pragmatic approach of "seeking truth from fact" is in fact much more in line with Chinese culture.
 
How China Became Capitalist challenges the received wisdom about the future of the Chinese economy, arguing that while China has enormous potential for growth, this could be hampered by the leaders' propensity for control, both in terms of economics and their monopoly of ideas and power.

Synopsis:

How China Became Capitalist details the extraordinary, and often accidental, journey that China has taken over the past thirty years in transforming itself from a closed agrarian socialist economy to an indomitable force in the international arena.
The authors revitalize the debate around the development of the Chinese system through the use of primary sources. They persuasively argue that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, but that the ideas from the West eventually culminated in a fundamental change to their socialist model, forming an accidental path to capitalism. Coase and Wang argue that the pragmatic approach of "seeking truth from fact" is in fact much more in line with Chinese culture.

 

How China Became Capitalist challenges the received wisdom about the future of the Chinese economy, arguing that while China has enormous potential for growth, this could be hampered by the leaders' propensity for control, both in terms of economics and their monopoly of ideas and power.

Synopsis:

How China Became Capitalist details the extraordinary, and often accidental, journey that China has taken over the past thirty years in transforming itself from a closed agrarian socialist economy to an indomitable force in the international arena.

The authors revitalize the debate around the development of the Chinese system through the use of primary sources. They persuasively argue that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, but that the ideas from the West eventually culminated in a fundamental change to their socialist model, forming an accidental path to capitalism. Coase and Wang argue that the pragmatic approach of "seeking truth from fact" is in fact much more in line with Chinese culture.
 
How China Became Capitalist challenges the received wisdom about the future of the Chinese economy, arguing that while China has enormous potential for growth, this could be hampered by the leaders' propensity for control, both in terms of economics and their monopoly of ideas and power.

About the Author

RONALD COASE is a Nobel Laureate in Economics. His work has had a profound impact on economics; his work clarified the theory of the firm and gave rise to the field of Law and Economics. The Coase theorem is widely studied in economics. Professor Coase is currently Clifton R. Musser Professor Emeritus of Economics at the University of Chicago Law School, he is also a research advisor at the Ronald Coase Institute.

NING WANG is Assistant Professor at the School of Politics and Global Studies, Arizona State University.

Table of Contents

Preface

1. China at the Death of Mao

2. China in Transition

3. How China's Market Reform Began

4. A Bird in the Cage: Market Reform Under Socialism

5. Growing out of Socialism: Capitalism with Chinese Characteristics

6. From Capitalism to Capitalisms

Product Details

ISBN:
9781137019363
Author:
Coase, Ronald
Publisher:
Palgrave MacMillan
Author:
Coase, Ronald
Author:
Coase, Rona
Author:
ld
Author:
Wang, Ning
Subject:
Economics - Theory
Subject:
Asia - China
Subject:
Economic History
Subject:
International - Economics
Subject:
World History - China
Subject:
Entrepreneurship
Subject:
Development - Economic Development
Subject:
Political Economy
Edition Description:
Trade paper
Publication Date:
20120431
Binding:
Paperback
Language:
English
Illustrations:
1 maps
Pages:
272
Dimensions:
9.25 x 6.125 x 20 in

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Related Subjects

Business » History and Biographies
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History and Social Science » World History » China

How China Became Capitalist (International Economic Association) New Hardcover
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$126.25 In Stock
Product details 272 pages Palgrave MacMillan - English 9781137019363 Reviews:
"Synopsis" by ,
How China Became Capitalist details the extraordinary, and often accidental, journey that China has taken over the past thirty years in transforming itself from a closed agrarian socialist economy to an indomitable force in the international arena.
The authors revitalize the debate around the development of the Chinese system through the use of primary sources. They persuasively argue that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, but that the ideas from the West eventually culminated in a fundamental change to their socialist model, forming an accidental path to capitalism. Coase and Wang argue that the pragmatic approach of "seeking truth from fact" is in fact much more in line with Chinese culture.

 

How China Became Capitalist challenges the received wisdom about the future of the Chinese economy, arguing that while China has enormous potential for growth, this could be hampered by the leaders' propensity for control, both in terms of economics and their monopoly of ideas and power.

"Synopsis" by ,
How China Became Capitalist details the extraordinary, and often accidental, journey that China has taken over the past thirty years in transforming itself from a closed agrarian socialist economy to an indomitable force in the international arena.

The authors revitalize the debate around the development of the Chinese system through the use of primary sources. They persuasively argue that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, but that the ideas from the West eventually culminated in a fundamental change to their socialist model, forming an accidental path to capitalism. Coase and Wang argue that the pragmatic approach of "seeking truth from fact" is in fact much more in line with Chinese culture.
 
How China Became Capitalist challenges the received wisdom about the future of the Chinese economy, arguing that while China has enormous potential for growth, this could be hampered by the leaders' propensity for control, both in terms of economics and their monopoly of ideas and power.

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