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Articles tagged with: political economy

Contemporary China, LangYan, Reviews »

Lang Yan | 21 Oct 2010 | 10
NLR Debate on Capitalism with Chinese Characteristics

Joel Andreas reviews Huang Yasheng’s Capitalism with Chinese Characteristics in the latest New Left Review, which also contains a response from Huang.

Andreas: “Huang’s diagnosis of the maladies afflicting rural China is clearly informed by one of the foundational myths of neo-classical economics—the ideal of competitive capitalism. Free competition, it is assumed, creates a level playing field on which small entrepreneurs naturally flourish. If small entrepreneurs are squeezed out, it must be the fault of the state, which tips the playing field to the advantage of favoured players. The reality is quite different. Market competition intrinsically centralizes property without the need for state intervention. Winners squeeze out losers, amass capital, capture market share and block new entrants. The state often facilitates this process by favouring the winners, but it can also inhibit it by protecting the weaker players. Over the last two centuries, peasants and small rural entrepreneurs have been the main losers as capitalism has swept across the globe.”

International Observer, LangYan »

| 12 Mar 2010 | 0

This is a video of a discussion on China, Japan and the U.S. in the contemporary moment of crisis, which took place in Toronto on Feb. 5, 2010. Participants include: Leo Pantich, R. Taggart Murphy, Ho-fung Hung, Johanna Brenner, and Sam Gindin.

Chinese Left, Nihuo Blogs, 中文资料 »

汪晖 | 24 Oct 2009 | 0


China Studies, Chinese Left, Nihuo Blogs, 中文资料 »

汪晖 | 23 Oct 2009 | 0



Contemporary China, LangYan, stickyed »

Lang Yan | 17 Oct 2009 | 3
The Great Chinese Bubble

In a short follow up to “China Pessimists and Optimists,” this post discusses the work of Andy Xie concerning one of the most important questions to ask about the Chinese economy at the moment: whether it is a bubble economy?