Maonomics: Why Chinese Communists Make Better Capitalists by Loretta Napoleoni
By Loretta Napoleoni
The tip of the chilly warfare used to be idea to sign the triumph of Western capitalism over Communism. In Maonomics: Why chinese language Communists Make greater Capitalists than We Do, Napoleoni argues simply the other: what we're witnessing in its place is the start of the cave in of capitalism and the victory of "communism with a revenue motive." Maonomics charts the prodigious ascent of the chinese language monetary miracle and the parallel process the West’s ongoing insistence on misconstruing China and its economic climate at the same time we recognize its growing to be effect and significance. Maonomics is a take-heed call wherein Western governments can keep away from financial cave in via studying tips to comprehend extra truly what the teachings of the chinese language economic system quite are. in accordance with first-hand reporting from China in the course of widespread visits within the final a number of years, Maonomics lends credence to the chinese language view and interprets it for Western readers. for instance, the chinese language too are connected to their imaginative and prescient of democracy, however it isn't like ours. It isn’t centred as a lot on vote casting because it is monetary chance and the reasonable distribution of wealth and prosperity. Napoleoni additionally separates failed Leninist political ideology from real Marxist thought, exhibiting that Marx’s writings don't reject revenue as long as it truly is used to learn the folk. Marx’s dictatorship of the proletariat is being learned in China, she argues, the place big steps ahead are being made within the identify of development and the health and prosperity of the chinese language humans. taking a look at the chinese language economic climate up shut, any economist will be demanding pressed to claim that they're now not on target. right here Loretta Napoleoni bargains a entrance row seat at the maximum express on the earth: the peaceable financial revolution that's transferring the stability of energy on this planet from West to East.
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Additional info for Maonomics: Why Chinese Communists Make Better Capitalists Than We Do
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P. cm. eISBN: 978-1-60980-352-0 1. China–Economic conditions–2000- 2. China–Economic conditions–1976-2000–Congresses. 3. Globalization–Economic aspects–China. 4. China–Foreign economic relations. I. Twilley, Stephen. II. Title. 1 CONTENTS Cover Title Page Copyright Preface Introduction Prologue: Depressions in Progress PART ONE: GLOBALIZATION AND COMMUNISM 1. Exploitation Factories: Charles Dickens in Shenzhen 2. The Race to the Bottom 3. Chinese Nouvelle Cuisine: Marxism in a Neoliberal Sauce 4.
The Neoliberal Dream of Modernization PART TWO: GLOBALIZATION AND CAPITALISM 6. The World Is Flat 7. Financial Neoliberalism as Predator 8. In Union There Is Strength 9. From Muhammad to Confucius 10. The Great Wall of Renewable Energy PART THREE: GLOBALIZATION AND DEMOCRACY: A SHOTGUN WEDDING 11. Looking at Washington and Beijing through Chinese Eyes 12. Late Imperial Spin: Osama bin Laden as the Modern Attila 13. Saboteurs of the Nation-State 14. Supply-Side Economics 15. The Full Monty 16. Mediacracy 17.
At the same time, this book warns of the equally prodigious collapse awaiting our system if we continue to insist on celebrating an exhausted economic and political model. However, a cure does exist, and it could be effective against the economic and psychological depression afflicting the West. Call it Chinese capitalism or Chinese medicine; all that’s required is that we find the will to adapt it to the physiology of our democracies. PART ONE GLOBALIZATION AND COMMUNISM CHAPTER 1 EXPLOITATION FACTORIES CHARLES DICKENS IN SHENZHEN The workers’ charred corpses are everywhere: pressed up against the four emergency exits, all bolted shut; atop metal ladders, melted in the blaze; along the assembly line; and even in the second-floor bathroom, where a few desperate individuals, to no avail, sought refuge.