Mao and Markets

Name: Mao and Markets
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SKU: 9780300263381
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The Communist Roots of Chinese Enterprise

By Christopher Marquis and Kunyuan Qiao

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Summary

Mao and Markets offers a thoroughly researched assessment of how China’s economic success remains deeply influenced by Chairman Mao Zedong’s communist ideology. Contrary to Western assumptions that China’s embrace of markets would lead to liberalisation, authors Christopher Marquis and Kunyuan Qiao reveal how Mao’s principles, mass campaigns, and socialist institutions continue to shape Chinese entrepreneurs' strategies and business management. The book supports its arguments with detailed case studies and quantitative analysis, demonstrating that Chinese companies harmonise commercial ambition with Maoist dedication.
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Format: Hardback

$59⁹⁹

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Mao and Markets

$59⁹⁹

Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book is ideal for readers interested in Chinese economics, political economy, business strategy, and international market dynamics, especially those seeking nuanced insights into the intersection of ideology and capitalism in China.

A thoroughly researched assessment of how China’s economic success continues to be shaped by the communist ideology of Chairman Mao

Description

A thoroughly researched assessment of how China’s economic success continues to be shaped by the communist ideology of Chairman Mao

It was long assumed that as China embraced open markets and private enterprise, its state-controlled economy would fall by the wayside, that free markets would inevitably lead to a more liberal society. Instead, China’s growth over the past four decades has positioned state capitalism as a durable foil to the orthodoxy of free markets, to the confusion of many in the West.

Mao and Markets by Christopher Marquis and Kunyuan Qiao argues that China’s economic success is based on—not in spite of—the continuing influence of communist leader Mao Zedong. They illustrate how Mao’s ideological principles, mass campaigns, and socialist institutions have enduringly influenced Chinese entrepreneurs’ business strategies and the management of their ventures.

Grounded in case studies and quantitative analyses, this book shows that while private enterprise is the engine of China’s growth, Chinese companies see no contradictions between commercial drive and a dedication to Maoist ideology.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

“Many western observers believed that China was moving towards free market capitalism and hoped that it would become more democratic as a result. . . . This important book shows that such beliefs and hopes were always naïve.” — Martin Wolf, Financial Times

“An important book at a crucial time for China’s economy.” — Lingling Wei, Wall Street Journal

“A well-written and welcome contribution to the debate about China’s model of development. . . . The book is a pleasure to read.” — Hongying Wang, International Affairs

Mao and Markets was named a Financial Times Best Book of 2022, tied for the 2023 Axiom Gold Medal, and was a finalist for the George R. Terry Award. Craig Allen, president of the US-China Business Council, called it an intellectually grounded and practical blueprint for doing business in China.

Book Details

INFORMATION

ISBN: 9780300263381

Publisher: Yale University Press

Format: Hardback

Date Published: 10 January 2023

Country: United States

Imprint: Yale University Press

Illustration: 43 b-w illus.

Audience: General / adult, Professional and scholarly

DIMENSIONS

Width: 156.0mm

Height: 235.0mm

Weight: 250g

Pages: 384

Collections

Asian History Christopher Marquis Education & Reference Finance & Economics Finance & Investment Global History History & Archaeology History & Military Kunyuan Qiao Non-Fiction Politics & Current Affairs

About the Author

Christopher Marquis is Sinyi Professor of Chinese Management at Cambridge Judge Business School and author of Better Business: How the B Corp Movement Is Remaking Capitalism. Kunyuan Qiao is a faculty member at Georgetown McDonough School of Business.

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