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Alternative Sinology Mup Ser.: Communists Constructing Capitalism : State, Market, and the Party in China's Financial Reform by Julian Gruin (2019, Trade Paperback)
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About this product
Product Identifiers
PublisherManchester University Press
ISBN-101526135345
ISBN-139781526135346
eBay Product ID (ePID)9038676284
Product Key Features
Number of Pages296 Pages
LanguageEnglish
Publication NameCommunists Constructing Capitalism : State, Market, and the Party in China's Financial Reform
Publication Year2019
SubjectPolitical Economy, Political Ideologies / Communism, Post-Communism & Socialism, Economic Conditions, Public Policy / Economic Policy, World / Asian
TypeTextbook
AuthorJulian Gruin
Subject AreaPolitical Science, Business & Economics
SeriesAlternative Sinology Mup Ser.
FormatTrade Paperback
Dimensions
Item Height0.6 in
Item Weight12.2 Oz
Item Length8.5 in
Item Width5.4 in
Additional Product Features
Intended AudienceScholarly & Professional
ReviewsGruin locates the ongoing process of financial reform in China in a longer historical analysis of the emergence of a Chinese form of capitalism. He thus makes a significant contribution to understanding the deeper political priorities underlying the apparent contradictions of the "socialist market economy", and offers valuable insights into the implications of China's rise for the global financial system.'Shaun Breslin, Professor of Politics and International Studies, University of Warwick 'In this provocative book, Gruin highlights the pivotal role of the CCP in constructing China's distinctive financial system. This system serves the developmental priorities of the party-state and reinforces political controls while defying many assumptions of political economy that are based on the state versus market dichotomy.'Sebastian Heilmann, Professor for the Political Economy of China, University of Trier; Founding President of the Mercator Institute for China Studies, Berlin. 'Gruin develops a fascinating politico-economic narrative of China's financial reforms, at the heart of which stands the role of the Chinese Communist Party. He analyses how, by deftly managing economic uncertainty, the Party was able to simultaneously foster rapid capital accumulation and bolster its political control, thus illuminating the contradictions of a financial system unlike any other on earth.'Christopher McNally, Professor of Political Economy, Chaminade University, 'Gruin locates the ongoing process of financial reform in China in a longer historical analysis of the emergence of a Chinese form of capitalism. He thus makes a significant contribution to understanding the deeper political priorities underlying the apparent contradictions of the "socialist market economy", and offers valuable insights into the implications of China's rise for the global financial system.' Shaun Breslin, Professor of Politics and International Studies, University of Warwick 'In this provocative book, Gruin highlights the pivotal role of the CCP in constructing China's distinctive financial system. This system serves the developmental priorities of the party-state and reinforces political controls while defying many assumptions of political economy that are based on the state versus market dichotomy.' Sebastian Heilmann, Professor for the Political Economy of China, University of Trier; Founding President of the Mercator Institute for China Studies, Berlin. 'Gruin develops a fascinating politico-economic narrative of China's financial reforms, at the heart of which stands the role of the Chinese Communist Party. He analyses how, by deftly managing economic uncertainty, the Party was able to simultaneously foster rapid capital accumulation and bolster its political control, thus illuminating the contradictions of a financial system unlike any other on earth.' Christopher McNally, Professor of Political Economy, Chaminade University, 'Gruin locates the ongoing process of financial reform in China in a longer historical analysis of the emergence of a Chinese form of capitalism. He thus makes a significant contribution to understanding the deeper political priorities underlying the apparent contradictions of the "socialist market economy", and offers valuable insights into the implications of China's rise for the global financial system.'Shaun Breslin, Professor of Politics and International Studies, University of Warwick 'In this provocative book, Gruin highlights the pivotal role of the CCP in constructing China's distinctive financial system. This system serves the developmental priorities of the party-state and reinforces political controls while defying many assumptions of political economy that are based on the state versus market dichotomy.'Sebastian Heilmann, Professor for the Political Economy of China, University of Trier; Founding President of the Mercator Institute for China Studies, Berlin. 'Gruin develops a fascinating politico-economic narrative of China's financial reforms, at the heart of which stands the role of the Chinese Communist Party. He analyses how, by deftly managing economic uncertainty, the Party was able to simultaneously foster rapid capital accumulation and bolster its political control, thus illuminating the contradictions of a financial system unlike any other on earth.'Christopher McNally, Professor of Political Economy, Chaminade University
Dewey Edition23
IllustratedYes
Dewey Decimal324.251075
Table Of ContentList of figures List of tables Preface List of abbreviations 1 State, market, and the Party in Chinese capitalism 2 Ancient markets, modern capitalism: China and the problem of Eurocentrism 3 CCP authority and the two faces of uncertainty 4 From Tiananmen onwards: constructing capitalism in the 1990s 5 Entering the world: consolidating capitalism in the 2000s 6 Post-crisis challenges: confronting capitalism in the 2010s 7 Chinese finance and the future of authoritarian capitalism References Index, 1 State, market, and the Party in Chinese capitalism 2 Ancient markets, modern capitalism: China and the problem of Eurocentrism 3 CCP authority and the two faces of uncertainty 4 From Tiananmen onwards: constructing capitalism in the 1990s 5 Entering the world: consolidating capitalism in the 2000s 6 Post-crisis challenges: confronting capitalism in the 2010s 7 Chinese finance and the future of authoritarian capitalism Index
SynopsisWhy 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. -- ., This book offers a novel account of how the Chinese Communist Party has achieved rapid economic growth while preserving political stability. Drawing on extensive fieldwork and challenging existing paradigms of political economy, it sheds light on the financial foundations of China's evolving authoritarian capitalism., 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.
LC Classification NumberJQ1519.A5
