Search results

You are looking at 1 - 7 of 7 items for :

  • "Authoritarian capitalism" x
  • All content x
Clear All
Julian Gruin

7 Chinese finance and the future of authoritarian capitalism The jury is very much out on how epiphenomenal the West’s post1800 advantage will be. Kenneth Pomeranz (2009) Reevaluating China’s financial development in historical comparative context challenges existing ways of thinking about the dynamics of global order and China’s place within it. This global order is in a deep state of flux and uncertainty, yet our posing of questions surrounding the fate of the liberal world order occlude the possibility that China is constructing its own version of capitalist

in Communists constructing capitalism
State, market, and the Party in China’s financial reform
Author: Julian Gruin

Over more than thirty years of reform and opening, the Chinese Communist Party has pursued the gradual marketization of China’s economy alongside the preservation of a resiliently authoritarian political system, defying long-standing predictions that ‘transition’ to a market economy would catalyse deeper political transformation. In an era of deepening synergy between authoritarian politics and finance capitalism, Communists constructing capitalism offers a novel and important perspective on this central dilemma of contemporary Chinese development. This book challenges existing state–market paradigms of political economy and reveals the Eurocentric assumptions of liberal scepticism towards Chinese authoritarian resilience. It works with an alternative conceptual vocabulary for analysing the political economy of financial development as both the management and exploitation of socio-economic uncertainty. Drawing upon 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. It shows how political control over capital has been central to China’s experience of capitalist development, enabling both rapid economic growth whilst preserving macroeconomic and political stability. Communists constructing capitalism will be of academic interest to scholars and graduate students in the fields of Chinese studies, social studies of finance, and international and comparative political economy. Beyond academia, it will be essential reading for anyone interested in the evolution of Chinese capitalism and its implications for an increasingly central issue in contemporary global politics: the financial foundations of illiberal capitalism.

Abstract only
Bryan Fanning

attracted 40 per cent of the American electronics investment into Europe. A similar but smaller agglomeration of pharmaceutical companies occurred during the same period.12 Taiwan’s BDS approach to economic modernisation emerged through top-down directives within a system of authoritarian capitalism. During the period of martial law between 1948 and 1988 strikes were illegal and labour was organised into a government-controlled union.13 The policy-making processes of the ruling Kuomintang party and the state were effectively indistinguishable.14 Later, during the 1980s

in Irish adventures in nation-building
Julian Gruin

system. It points to some of the ways in which the arguments developed in the book are important to future research into the reshaping of China’s political economy and the global political economy in the aftermath of the 2008 financial crisis. Finally, it draws out some of the book’s implications for the conceptual, theoretical, and methodological ways in which we approach the ‘China question’ and the future of authoritarian capitalism in an era of flux and change in the global capitalist order. Notes  1 See further Hu et al. (2012).  2 Interview 28 November 2012

in Communists constructing capitalism
Abstract only
A threadbare democracy
Robert Chernomas, Ian Hudson, and Mark Hudson

rebellion” (13). 2 Economist John Weeks has also pointed to the connection between de-democratization and neoliberalism, wherein the state is understood to have been both actively constrained from limiting capital mobility, and recruited to enforce “free markets.” Rather than government being democratically enlisted to ameliorate the social strains resulting from capitalism, as it was in the New Deal, for example, or in postwar social democratic Europe, Weeks argues that it is now capital that regulates the state, ushering in an era of authoritarian capitalism (Weeks

in Neoliberal lives
Abstract only
Mark Hampton

and capacity for government was too risky, and so he wrote in his introduction: ‘The message of this book to these people is simple: Get out while the going is good.’ 29 Much of the language of Hicks’s essays is far from catastrophist: the demise of British culture and values in Hong Kong will lead to a gradual deterioration of civil liberties as an authoritarian capitalism is ensconced; Hong Kong will

in Hong Kong and British culture, 1945–97
On the relation between law, politics, and other social systems in modern societies
Darrow Schecter

the contributors to Catriona McKinnon and Iain Hampsher-​Monk (eds), The Demands of Citizenship (London: Continuum, 2000), Part II. See also Drucilla Cornell, The Philosophy of the Limit (London: Routledge, 1992), ­chapters 1 and 5. 24 J. A. G. Griffith, The Politics of the Judiciary (Glasgow: Fontana/​Collins, 1977), Part II, ­chapter 4, and Brunkhorst, Critical Theory of Legal Revolutions, pp. 54–​6 and 132–​5. On the case of the media, see Christian Fuchs, Digital Demagogue: Authoritarian Capitalism in the Age of Trump and Twitter (London: Pluto, 2018). Chapter

in Critical theory and sociological theory