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Book Cover
E-book
Author Gruin, Julian, 1985- author.

Title Communists constructing capitalism : state, market, and the party in China's financial reform / Julian Gruin
Published Manchester : Manchester University Press, 2019

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Description 1 online resource (xx, 271 pages) : illustrations
Series Alternative sinology
Alternative sinology.
Contents 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
Summary 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
Bibliography Includes bibliographical references (pages 232-264) and index
Notes Print version record
Subject Capitalism -- Political aspects -- China
Capitalism -- China
Eurocentrism.
83.21 market economy.
Capitalism -- Political aspects
Capitalism
Eurocentrism
China
China.
Form Electronic book
ISBN 9781526135353
1526135353
9781526135339
1526135337
Other Titles State, market, and the party in China's financial reform