The Price of China's Economic Development PDF ePub eBook

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The Price of China's Economic Development free pdf The People's Republic of China has experienced significant transformations since Deng Xiaoping instituted economic reforms in 1978. Subsequent leaders continued and often broadened Deng's policies, shifting the nation from agrarianism to industrialism, from isolation to internationalism, and from centralized planning to market-based economics. As the world strives to understand the nation's rapid development, few observers have comprehensively examined the social and cultural price of the economic boom for the majority of the Chinese people. Zhaohui Hong assesses the sociocultural consequences of these reforms in this provocative study. He contends that modern China functions as an oligarchy or plutocracy ruled by an alliance of political power and private capital where the boundaries between the private and public sectors are constantly shifting. This "power-capital institution" based on three millennia of Confucian ideology and decades of Maoist communism exercises monopolistic control of public resources at the expense of civil society and social justice for the majority of citizens. "The Price of China's Economic Development" urges policymakers to alter their analytic lens. While industrial and commercial development is quantitatively measured, Hong argues that social progress should be assessed qualitatively, with justice its ultimate goal and fair allocation of resources and opportunity as the main index of success. This sophisticated analysis introduces English speakers to the varied and significant work of contemporary Chinese scholars and substantially enriches the international dialogue.

About Professor of History Zhaohui Hong

Zhaohui Hong, professor of economic history at Purdue University Calumet, is the author or coeditor of several books, including "Dilemmas of Reform in Jiang Zemin's China."

Details Book

Author : Professor of History Zhaohui Hong
Publisher : University Press of Kentucky
Data Published : 29 June 2015
ISBN : 0813161177
EAN : 9780813161174
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 296 pages
Age + : 15 years
Language : English
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