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The Myth of Chinese Capitalism

The Myth of Chinese Capitalism
Author: Dexter Roberts
Publisher: Macmillan + ORM
Total Pages: 183
Release: 2020-03-10
Genre: Political Science
ISBN: 1250089387

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The untold story of how restrictive policies are preventing China from becoming the world’s largest economy 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 boot-on-the-ground cautionary picture of China for a world now held in its financial thrall. Dexter Roberts is an award-winning journalist and a regular commentator on the U.S.-China trade and political relationship. His prior speaking engagements include traditional news media outlets (NPR, Fox News, CNN International) as well as universities and institutes (George Washington University, Council on Foreign Relations, and the Overseas Press Club). He is available for virtual classroom visits to courses that adopt The Myth of Chinese Capitalism. Please contact [email protected] for more information.


The Myth of Chinese Capitalism

The Myth of Chinese Capitalism
Author: Dexter Roberts, Missoula, MT
Publisher: St. Martin's Press
Total Pages: 256
Release: 2020-03-10
Genre: Political Science
ISBN: 9781250089373

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The Myth of Capitalism

The Myth of Capitalism
Author: Jonathan Tepper
Publisher: John Wiley & Sons
Total Pages: 349
Release: 2023-04-25
Genre: Business & Economics
ISBN: 1394184069

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The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.


Confucian Capitalism

Confucian Capitalism
Author: Souchou Yao
Publisher: Routledge
Total Pages: 198
Release: 2013-01-11
Genre: Business & Economics
ISBN: 1136128026

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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.


Red Capitalism

Red Capitalism
Author: Carl Walter
Publisher: John Wiley & Sons
Total Pages: 290
Release: 2012-07-31
Genre: Business & Economics
ISBN: 1118255135

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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.


China and the World

China and the World
Author: Ben Mah
Publisher: iUniverse
Total Pages: 376
Release: 2011-10-19
Genre: Political Science
ISBN: 1462056814

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Ben Mahs book is an excellent warning of the problems indeed, economic depth charges that were planted in China by the neoliberals who have destroyed nearly every economy where their advice was followed. Ben Mahs China and the World describes what China should accept and what it should reject in Western advice. Michael Hudson: Distinguished Professor of Economics at the University of Missouri Mr. Ben Mah is an acute observer. This book explodes the myth of Chinas Rise, reveals the truth about how Chinas economic policies have been misguided by neoliberalism. This is a good book that anyone concerned about Chinas future should not miss. Genliang Jia, Professor, Peoples University of ChinaAndong Zhu The essays in this book deserve great attention. Dajun Zhong, renowned economist Mr. Mahs work could help us re-think the related policies and eliminate the influence of neoliberal ideology. Andong Zhu, Director, Qinghua University, China Mr. Mahs work is a biting revelation of the unpleasant reality that lies behind such currently popular buzzwords as privatization, marketization, freedom of capital flow and free trade. Haibo Liu Chinese Academy of Social Sciences


Disposable Women and Other Myths of Global Capitalism

Disposable Women and Other Myths of Global Capitalism
Author: Melissa Wright
Publisher: Routledge
Total Pages: 198
Release: 2013-01-11
Genre: Social Science
ISBN: 1136081542

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Everyday, around the world, women who work in the Third World factories of global firms face the idea that they are disposable. Melissa W. Wright explains how this notion proliferates, both within and beyond factory walls, through the telling of a simple story: the myth of the disposable Third World woman. This myth explains how young women workers around the world eventually turn into living forms of waste. Disposable Women and Other Myths of Global Capitalism follows this myth inside the global factories and surrounding cities in northern Mexico and in southern China, illustrating the crucial role the tale plays in maintaining not just the constant flow of global capital, but the present regime of transnational capitalism. The author also investigates how women challenge the story and its meaning for workers in global firms. These innovative responses illustrate how a politics for confronting global capitalism must include the many creative ways that working people resist its dehumanizing effects.


China's Capitalism

China's Capitalism
Author: Tobias ten Brink
Publisher: University of Pennsylvania Press
Total Pages: 327
Release: 2019-02-14
Genre: Political Science
ISBN: 081229579X

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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.


The New China Playbook

The New China Playbook
Author: Keyu Jin
Publisher: Penguin
Total Pages: 369
Release: 2023-05-16
Genre: Business & Economics
ISBN: 198487828X

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“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.


Chinese Whispers

Chinese Whispers
Author: Ben Chu
Publisher: Weidenfeld & Nicolson
Total Pages: 210
Release: 2013-10-10
Genre: Business & Economics
ISBN: 0297868462

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'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.