Skip to main content
Fachgebiete
Automobil + Motoren Bauwesen + Immobilien Business IT + Informatik Elektrotechnik + Elektronik Energie + Nachhaltigkeit Finance + Banking Management + Führung Marketing + Vertrieb Maschinenbau + Werkstoffe Versicherung + Risiko
DE
EN
Themenseiten
Organisationspsychologie Projektmanagement Marketing Smart Manufacturing
Bücher
Zeitschriften
Weitere Formate
Podcasts Webinare Technik Webinare Wirtschaft Kongresse Veranstaltungskalender Awards
Jetzt Einzelzugang starten
Zugang für Unternehmen
Referenzkunden
MTZ-Fachkongress

Antriebe und Energiesysteme von morgen


Austausch von Automobil- und Energiewirtschaft

Am 14./15. Mai geht es in Chemnitz um die Mobilitätswende durch Elektro- und Wasserstofffahrzeuge.
Erweiterte Suche
Anmelden
nach oben

2024 | Buch

Introduction Kapitel lesen Erstes Kapitel lesen

Crony Comprador Capitalism

The Institutional Origins of China’s Rise and Decline

verfasst von: Jianyong Yue

Verlag: Springer Nature Switzerland

Enthalten in: Springer Professional "Wirtschaft+Technik" , Springer Professional "Wirtschaft"

Einloggen, um Zugang zu erhalten
insite
SUCHEN

Über dieses Buch

This book offers a multidisciplinary redefinition of China's model of crony comprador capitalism. The author argues that this model emerged through the fusion of market Leninism and global capitalism in the early 1990s within the post-Cold War and post-Communist global context. While driving robust export-led growth, this approach hindered China's structural transformation and limited its ascent, ironically leading to the regime's accelerating totalitarian turn and the onset of a new Cold War. In line with the call for ‘Capitalism 3.0,’ the book advocates Western decoupling from China and promoting the country's transition to a democratic developmental state, fostering a safer world for democracy over autocracy. It will be of interest to academics and policy-makers in a wide range of fields, including political economy, political studies, international relations, and economic history.

Inhaltsverzeichnis

Frontmatter
Chapter 1. Introduction
Abstract
This chapter delves into the conceptual challenges associated with comprehending China's economic system and development model within the global academic landscape. It examines the concepts of crony capitalism and comprador capitalism, both of which are highly pertinent to the Chinese context. Ultimately, the chapter conceptualizes Chinese capitalism as a unique form of crony comprador capitalism.
Jianyong Yue

The Making of China’s Crony Capitalism

Frontmatter
Chapter 2. Market Socialism and the Emergence of China’s Crony Capitalism: The Role of the Princelings
Abstract
This chapter explores the impact of Deng Xiaoping's market-socialist reforms in the 1980s and their pivotal role in establishing the foundation for China's crony capitalism. It delves into the distinctive role of the princelings in facilitating the transformation of the New Class from a privileged group into a new bourgeoisie.
Jianyong Yue
Chapter 3. The Institutionalization of Crony Capitalism in Market Leninism (1990s–2002)
Abstract
This chapter explores China's institutional transition to capitalism, tracing the shift from market socialism to what has been termed “market Leninism” since 1992. It examines how, in the aftermath of global events in 1989, the Communist regime sought legitimacy, leading to the flourishing of crony capitalism in China. By 2002, this crony capitalism had become fully institutionalized, marking a substantial transformation of the Communist Party into a “major right-wing dictatorship.”
Jianyong Yue

China’s Semi-peripheral and Comprador Capitalism

Frontmatter
Chapter 4. Zhang Chunqiao’s Curse and the Transition to Comprador Capitalism (Late 1980s to 2002)
Abstract
This chapter traces the origins of China's comprador capitalism. As an underdeveloped country, China began embracing liberal economic doctrines in the late 1980s. Following the global events of 1989, this transition, starting in 1992, led to a deliberate embrace of the neoliberal paradigm, culminating in the adoption of market-Leninist reforms and an antinational development strategy. The institutionalization of comprador capitalism reached its peak with China's accession to the WTO, firmly establishing the country on an irreversible path of dependent development.
Jianyong Yue
Chapter 5. China’s Rise in a Semi-peripheral Orbit (After WTO Entry)
Abstract
This chapter traces China's trajectory of Ricardian export-led growth following its WTO accession. It explores the challenges posed by anti-developmental WTO rules to China's structural transformation, leading to a dilemma of “growth without development.” This predicament is influenced by China's crony comprador capitalist development, which places the country at risk of falling into a “middle-income trap” and sets limits on China's ongoing “peaceful rise.” These limitations become more pronounced with the emergence of great-power rivalries inherent in this semi-peripheral development.
Jianyong Yue

“Profound Changes Unseen in a Century”

Frontmatter
Chapter 6. U.S.-China Great-Power Rivalry: From Trade War to New Cold War
Abstract
This chapter establishes a connection between China’s mishandling of North Korea’s denuclearization and the outbreak of the trade war with the U.S. Despite their interdependent relationship characterized by asymmetrical dependence, China found itself in a de facto submissive position during the trade war. However, China’s perception of American power as being in irreversible decline proved to be a significant misjudgment. This overconfidence, amplified by China’s early success in managing Covid-19, intersected with America’s realist impulse of intolerance toward China as a peer rival. These dynamics fueled the escalation of the trade war into a new Cold War, with high-tech supremacy at its core.
Jianyong Yue
Chapter 7. Xi Jinping’s Reverse Course: The Nazification of the Chinese Economy (After 2012)
Abstract
This chapter delves into Xi Jinping’s strategies for managing the crises stemming from China’s crony comprador capitalist development. Focusing on the outcomes while sidelining its institutional origins severely constrained Xi’s choices. His approach involves asserting the “primacy of politics” and pursuing high-tech self-sufficiency, bearing resemblance to certain aspects of National Socialist Germany’s economic policies. However, this crisis management strategy faces challenges due to Xi’s aversion to socialism and his persistent fixation on the globalization myth.
Jianyong Yue

Conclusion

Frontmatter
Chapter 8. Conclusion
Abstract
This chapter offers a comprehensive summary of the internal tensions within China’s crony comprador capitalism and its relationship to the crisis of global capitalism. The author calls for the West to decouple from an illiberal, semi-peripheral China, advocating against the continuous compradorization of China. Instead, the author proposes a reevaluation of globalization and the promotion of democracy to pave the way for China’s transformation into a pacific “democratic developmental state.” This transformation would contribute to making the world a more secure place for democracy.
Jianyong Yue
Backmatter
Metadaten
Titel
Crony Comprador Capitalism
verfasst von
Jianyong Yue
Copyright-Jahr
2024
Electronic ISBN
978-3-031-53154-5
Print ISBN
978-3-031-53153-8
DOI
https://doi.org/10.1007/978-3-031-53154-5

Premium Partner

    Bildnachweise