04867nam a22005775i 4500 978-3-031-53154-5 DE-He213 20251030111817.0 cr nn 008mamaa 240414s2024 sz | s |||| 0|eng d 9783031531545 978-3-031-53154-5 10.1007/978-3-031-53154-5 doi HC411-495 KC bicssc 1F bicssc BUS035000 bisacsh KC 1F thema Yue, Jianyong. author. aut http://id.loc.gov/vocabulary/relators/aut 75153 Crony Comprador Capitalism [electronic resource] : The Institutional Origins of China’s Rise and Decline / by Jianyong Yue. 1st ed. 2024. Cham : Springer Nature Switzerland : Imprint: Palgrave Macmillan, 2024. XXI, 351 p. 11 illus., 10 illus. in color. online resource. text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda 1. Introduction -- Part I -- 2. From ‘New Class’ to ‘New Bourgeoisie’: An Unintended Legacy of the Cultural Revolution -- 3. Market Socialism or Market Leninism? The institutionalization of China’s Crony Capitalism -- Part II -- 4. The Origins of China’s Comprador Capitalism -- 5. The Rise of China in a Semi-Peripheral Orbit -- 6. The new ‘Cold War’ and Xi Jinping’s ‘Reverse Course’: The Nazification of the Chinese Economy? -- 7. Conclusion. “This timely and highly original book mercilessly dissects the sources of China’s impending ‘imperial decline’. Its unique insights rest equally on western and Chinese scholarship and on a large measure of inside knowledge. It offers a trenchant comparative analysis of the evolution of China’s ‘decrepit Leninist Leviathan’ from Mao Zedong to Xi Jinping. And its conclusion that the economic illiteracy and personal venality of the Communist leadership has locked China into dependent development and helped summon up the ‘new Cold War’ is brilliantly provocative.” – MacGregor Knox, Stevenson Professor of International History emeritus, The London School of Economics and Political Science “Jianyong Yue’s book provides a freshening and insightful perspective on China’s development over the past several decades. It is very impressive in its historical depth, conceptual power, and analytical rigor; its explanation of China’s economic ‘successes’ and their sociopolitical quintessence hits the nail on the head.” – Guoguang Wu, Senior Research Scholar at Stanford University’s Center on China’s Economy and Institutions This book offers a multidisciplinary redefinition of China's model of crony comprador capitalism. The author argues that this model emerged through the fusion of market Leninism and global capitalism in the early 1990s within the post-Cold War and post-Communist global context. While driving robust export-led growth, this approach hindered China's structural transformation and limited its ascent, ironically leading to the regime's accelerating totalitarian turn and the onset of a new Cold War. In line with the call for ‘Capitalism 3.0,’ the book advocates Western decoupling from China and promoting the country's transition to a democratic developmental state, fostering a safer world for democracy over autocracy. It will be of interest to academics and policy-makers in a wide range of fields, including political economy, political studies, international relations, and economic history. Jianyong Yue is a visiting fellow at the London School of Economics and previously taught Chinese politics and development at LSE and King’s College London. He published China’s Rise in the Age of Globalization: Myth or Reality? (Palgrave Macmillan, 2018). Asia Economic conditions. 68942 Economics. 58354 Economic history. 57506 China History. 66901 Economic development. 58075 Asian Economics. 68943 Political Economy and Economic Systems. 70994 Economic History. 57506 History of China. 66903 Development Studies. 67851 SpringerLink (Online service) Springer Nature eBook Printed edition: 9783031531538 Printed edition: 9783031531552 Printed edition: 9783031531569 https://doi.org/10.1007/978-3-031-53154-5 ZDB-2-ECF ZDB-2-SXEF 59119 59119