Communists constructing capitalism

Communists constructing capitalism
Author :
Publisher : Manchester University Press
Total Pages : 336
Release :
ISBN-10 : 9781526135353
ISBN-13 : 1526135353
Rating : 4/5 (353 Downloads)

Book Synopsis Communists constructing capitalism by : Julian Gruin

Download or read book Communists constructing capitalism written by Julian Gruin and published by Manchester University Press. This book was released on 2019-07-04 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has China’s ‘transition’ to a market economy not catalysed corresponding political transformation? In an era of deepening synergy between authoritarian politics and capitalist economics, this book offers a novel perspective on this central dilemma of contemporary Chinese development, shedding light on how the Chinese Communist Party achieved rapid economic growth while preserving political stability. Drawing on extensive fieldwork and over sixty interviews with policymakers, bankers and former party and state officials, the book delves into the role of China’s state-owned banking system since 1989, showing how political control over capital has been central to the country’s experience of capitalist development. It challenges existing state-market paradigms of political economy and reveals the Eurocentric assumptions underpinning liberal perspectives towards Chinese authoritarian resilience.


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