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A01=Robert K. Schaeffer
Author_Robert K. Schaeffer
authoritarian capitalism
bourgeoisie
Category=KCZ
Category=NHF
Central Government
Chinese Communist Party
Chinese economic reform analysis
Curb Population Growth
Demand Higher Wages
democratization obstacles
domestic
Domestic Bourgeoisie
Domestic Chinese Firms
economic modernization China
eq_bestseller
eq_business-finance-law
eq_history
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
equilibrium
Forced Labor Camps
Foreign Bourgeoisie
IMF Economist
International Monetary Fund
IUD Insertion
jiang
Jiang Qing
Low Level Equilibrium Trap
lowlevel
Mao Zedong
Middle Peasants
Mikhail Gorbachev
Overseas Chinese Community
political economy theory
Regime's Foreign Exchange Reserves
Regime’s Foreign Exchange Reserves
rural
Rural Proprietors
Rural Workers
social transformation Asia
square
state-led development
tiananmen
Tiananmen Square
trap
UN
Violate
West Germany
workers
Zhou Enlai

Product details

  • ISBN 9781594517129
  • Weight: 362g
  • Dimensions: 152 x 229mm
  • Publication Date: 28 Feb 2012
  • Publisher: Taylor & Francis Inc
  • Publication City/Country: US
  • Product Form: Paperback
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Red Inc. takes issue with the view that economic development will eventually promote democracy. It outlines in detail the enormous social costs of the rapid rise of China's economy. Although many observers argue that Deng Xiaoping introduced capitalism to China in the late 1970s, Schaeffer believes that capitalist development really began during the 1950s under Mao Zedong. But although Mao made relentless efforts to generate the capital needed to finance economic development, his regime failed to promote any real growth. Schaeffer shows that the remarkable rise of its economy in recent years has provided China with new and often corrupt sources of wealth and power that have enabled it to resist democracy. He brings into sharp focus the consequence of the regime's uncompromising approach to capital accumulation.
Authored by Schaeffer, Robert K.

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