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Maonomics: Why Chinese Communists Make Better Capitalists than We Do

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Maonomics: Why Chinese Communists Make Better Capitalists than We Do Cover

 

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Publisher Comments:

The end of the cold war was thought to signal the triumph of Western capitalism over Communism. In Maonomics: Why Chinese Communists Make Better Capitalists than We Do, Napoleoni argues just the opposite: what weare witnessing instead is the beginning of the collapse of capitalism and the victory of communism with a profit motive. Maonomics charts the prodigious ascent of the Chinese economic miracle and the parallel course ofthe West's ongoing insistence on misconstruing China and its economy even as we acknowledge its growing influence and importance. Maonomics is a warning call whereby Western governments can avoid economiccollapse by learning how to understand more clearly what the lessons of the Chinese economy really are. Based on first-hand reporting from China during frequent visits in the last several years, Maonomics lends credence tothe Chinese view and translates it for Western readers. For example, the Chinese too are attached to their vision of democracy, but it is different from ours. It isn't focused as much on voting as it is economicopportunity and the fair distribution of wealth and prosperity. Napoleoni also separates failed Leninist political ideology from true Marxist theory, showing that Marx's writings do not reject profit so long asit is used to benefit the people. Marx's dictatorship of the proletariat is being realized in China, she argues, where giant steps forward are being made in the name of progress and the wellbeing and prosperityof the Chinese people. Looking at the Chinese economy up close, any economist would be hard pressed to say that they are not on the right track. Here Loretta Napoleoni offers a front row seat on the greatest show on earth: the peaceful economic revolution that is shifting the balance of power in the world from West to East.

Product Details

ISBN:
9781609803520
Publisher:
Seven Stories Press
Subject:
Business & Economics : International - General
Translator:
Twilley, Stephen
Author:
Napoleoni, Loretta
Subject:
Political Science : Economic Conditions
Subject:
Political Science : Political Ideologies - Communism & Socia
Publication Date:
October 2011
Binding:
eBooks
Language:
English

Related Subjects

Business » International
History and Social Science » Politics » General
History and Social Science » Politics » Leftist Studies

Maonomics: Why Chinese Communists Make Better Capitalists than We Do
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