This article aims to show that the Chinese development process over the past four decades is not a self-explanatory fact. It is a process that may have revealed the ultimate limitation of the current capacities for interpretation represented by both orthodox and heterodox approaches. This...

"China, Laos and Vietnam are three of a handful of late socialist countries where capitalist economics rubs up against party-state politics. In these countries, sweeping processes of change open up new vistas of opportunity and imaginaries of the future alongside much uncertainty and anxiety,...

Purpose - Expanding and developing the theoretical implications of socialist market economy with China's experience. Design/methodology/approach - In the course of exploring the development of a market economy, China has given full play to the advantages of the socialist system, which has...

Acknowledgements -- List of illustrations -- Notes on Contributors -- 1 Rural Life in Late Socialism: Politics of Development and Imaginaries of the Future -- Phill Wilcox, Jonathan Rigg and Minh Nguyen -- 2 Risk Perception and Lowland Rice Farming Change in Savannakhet Province, Southern Laos...

Purpose - Expanding and developing the theoretical implications of socialist market economy with China's experience. Design/methodology/approach - In the course of exploring the development of a market economy, China has given full play to the advantages of the socialist system, which has...

Purpose - This paper aims to determine the status of the socialist market economy through a logical analysis of the evolution of economic systems in human society. Design/methodology/approach - This paper presents an analysis of uncertainty and the functions performed by different economic...

China's hybrid economy blends state planning with market mechanisms, using annual economic targets to guide development and macroeconomic management to ensure their achievement. Local governments set ambitious growth targets to align with central mandates and incentivize subordinates, leading to...

"China's economic development over the past four decades has been marked by several consequential policies. In the early 1990s, the Chinese state centralized its fiscal base and boosted the power of the central government; in the late 1990s, "national champions" in the state sector were...

"Bruno Jossa expertly illustrates that the creation of a system of cooperative firms is tantamount to a revolution giving rise to a new production mode capable of reversing the existing relationship between capital and labour. The book also demonstrates a revolution enacted by peaceful and...

China's accession to the World Trade Organisation in 2001 was hailed as the natural conclusion of a long march that started with the reforms of Deng Xiaoping in the 1970s. However, China's participation in the WTO has been anything but smooth. Its self-proclaimed socialist market economy system...

China's accession to the World Trade Organisation in 2001 was hailed as the natural conclusion of a long march that started with the reforms of Deng Xiaoping in the 1970s. However, China's participation in the WTO has been anything but smooth. Its self-proclaimed socialist market economy system...

Purpose As a major theoretical breakthrough of the Marxist political economy based on the practice of China's reform and opening up, the theory of socialist market economy constitutes an important part of the political economy of socialism with Chinese characteristics. The paper aims to discuss...

"This is a book discussing China's economic transition and development since the beginning of modern times. The book is chronologically divided into eight connected chapters that collectively provide a comprehensive and coherent discussion of the book's focus - China's economic transition and...

Economic theory has focused almost exclusively on how humans compete with each other in their economic activity, culminating in general equilibrium (Walras) and game theory (Nash). Cooperation in economic activity is, however, important, and is virtually ignored. Because our models influence our...

Chapter 1 Introduction: Debates on Workers’ consciousness development in China -- Chapter 2 The (Re-) Making of a Docile working class in China -- Chapter 3 Automatic Docility in Market Socialism -- Chapter 4 “Beyond” the Selves and Reflective Docility -- Chapter 5 Conclusion.

Intro -- Über den Autor -- Felix Wemheuer: Kann der Markt den Sozialismus retten? (Einleitung) -- Kapitel 1: Neue Ökonomische Politik (NÖP): Taktischer Rückzug oder Modell für den Aufbau des Sozialismus? -- Wladimir Iljitsch Lenin: Den Austausch mit den Bauern über den Markt regeln (1921)...

Marx has two theories: surplus value and labor value. Marx defends positivist socialism. Hegel impressed Marx ideas during his PhD. This study is based on Marx opinions. Socialist Market Economy has two principles: central planning and market economy. State implements central planning for...

Socialism is conceptualized as a society in which individuals cooperate, distinguished from capitalism, characterized as involving ubiquitous economic competition. Here, I embed a formal model of cooperation in an Arrow-Debreu model, using the Kantian optimization protocol, and define a...

The book is based on the hypothesis that a systematic analysis of the Chinese economic discourse is necessary in order to understand the underlying logic of Chinese economic development. The majority of works on the subject see China's economic development as a linear process of marketization or...

The socialist market economy is the economical system used by the People’s Republic of China. This type of economy is based on the prevalence of the state system, which permanently interacts with an open market economy. The rationale behind the initiation of such an economical system is the...

Die staatlichen Eingriffe an den chinesischen Aktienmärkten im Sommer 2015 machten deutlich, dass marktwirtschaftliche Erklärungsmuster zum Verständnis der chinesischen Wirtschaft nicht ausreichen. Um zu begreifen, welche Motive und Strategien hinter den chinesischen Investments in...

One of the most important transitions of China from a centrally planned economy to a market-based economy was the emergence of entrepreneurship in two different forms of private enterprise, viz. getihu and siyingqiye. Using a unique database for 31 Chinese regions over the period 1997-2009, we...

The socialist market economy is the economical system used by the People’s Republic of China. This type of economy is based on the prevalence of the state system, which permanently interacts with an open market economy. The rationale behind the initiation of such an economical system is the...

Chapter 1 What Could Be the Contents of Adam Smith’s Third Book -- Chapter 2 The Contributions and Deficiencies of Keynesian Economics -- Chapter 3 Scarcity and Generation of Resources -- Chapter 4 The Dual Attributes of Government -- Chapter 5 Regional Government Competition -- Chapter 6...

How Does China Regulate a Socialist Market Economy? -- The Evolution of China's Multifaceted Industrial Regulation -- The Auto Industry: Soft Regulation -- The Telecommunications Service Industry: Hard Regulation -- Beyond China: State Regulation in a Socialist Market Economy.

Chapter 1 The Spreading of Stalin's Issues on The Socialist Economy in the Soviet Union in China in the 1950s and the Discussion on the Issue of Basic Economic Principles during the Transitional Period Triggered by Such Spreading -- Chapter 2 Exploration and Argument on the Relationship between...