Abstract

Abstract:

This article explores the dynamics of capitalist development in the three political economies of Greater China. We have two purposes in mind. First, we hope to produce a fresh understanding of Mainland China’s economic rise, interpreting it as associated with the process of late capitalist development. Second, we use a comparison with Taiwan and Hong Kong to examine whether China has converged with or diverged from four salient aspects of late capitalist development: the character of state ruler incentives, or the "will to develop"; the nature and structure of state-society relations; the role of business enterprises and business networks in supporting initial capitalist accumulation; and the transition of state-business interactions over time from mutual distrust to engagement and cooperation. In so doing, we hope to use comparative analysis to integrate the crucial case of China into broader inquiries on the nature and logic of capitalist development.

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Additional Information

ISSN
2288-2871
Print ISSN
0258-9184
Pages
pp. 31-64
Launched on MUSE
2021-03-23
Open Access
No
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