Title
Market in State: The Political Economy of Domination in China,New
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Focusing on the evolving relations between the state and market in the postMao reform era, Yongnian Zheng and Yanjie Huang present a theory of Chinese capitalism by identifying and analyzing three layers of the market system in the contemporary Chinese economy. These are, namely, a free market economy at the bottom, state capitalism at the top, and a middle ground in between. By examining Chinese economic practices against the dominant schools of Western political economy and classical Chinese economic thoughts, the authors set out the analytical framework of 'market in state' to conceptualize the market not as an autonomous selfregulating order but part and parcel of a statecentered order. Zheng and Huang show how state (political) principles are dominant over market (economic) principles in China's economy. As the Chinese economy continues to grow and globalize, its internal balance will likely have a large impact upon economies across the world.
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- Q: What is the main theme of 'Market in State: The Political Economy of Domination in China'? A: The main theme of this book is the evolving relationship between the state and market in China's post-Mao reform era, exploring how state principles dominate market principles within the Chinese economy.
- Q: Who are the authors of this book? A: The authors are Yongnian Zheng and Yanjie Huang, who provide insights into Chinese capitalism and the dynamics of the market system.
- Q: What is the publication date of this book? A: The book was published on September 6, 2018.
- Q: How many pages does this book contain? A: The book contains a total of 490 pages.
- Q: What type of binding is used for this book? A: This book is available in paperback binding.
- Q: What category does this book fall under? A: The book falls under the category of Economic Conditions.
- Q: Does this book include any specific features or materials? A: The book does not specify any unique features or materials.
- Q: What is the analytical framework presented in the book? A: The book introduces the 'market in state' framework, which conceptualizes the market as part of a state-centered order rather than an autonomous entity.
- Q: How does this book compare Chinese economic practices with Western theories? A: The authors examine Chinese economic practices against dominant Western political economy schools and classical Chinese economic thoughts.
- Q: What impact does the book suggest China's economy will have globally? A: The book suggests that as China's economy continues to grow and globalize, its internal balance will significantly impact economies worldwide.