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Market Maoists
The Communist Origins of China’s Capitalist Ascent
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See moreChinese Communists have long embraced capitalism, for various reasons. In the 1930s Communists made deals with foreign capitalists to finance the revolution. Mao continued to promote trade after 1949. Jason Kelly shows how global deals kept China embedded in markets and their norms, laying the groundwork for the capitalist reforms of the 1980s.
Book Hero Magic formatted this description to make it easier to read. While it's new and
still learning, it may not be perfect - your
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Description
Long before Deng Xiaoping's market-based reforms, commercial relationships bound the Chinese Communist Party to international capitalism and left lasting marks on China's trade and diplomacy.
China today seems caught in a contradiction: a capitalist state led by a Communist party. But as Market Maoists shows, this seeming paradox is nothing new. Since the 1930s, before the Chinese Communist Party came to power, Communist traders and diplomats have sought deals with capitalists in an effort to fuel political transformation and the restoration of Chinese power. For as long as there have been Communists in China, they have been reconciling revolutionary aspirations at home with market realities abroad.
Jason Kelly unearths this hidden history of global commerce, finding that even Mao Zedong saw no fundamental conflict between trading with capitalists and chasing revolution. China's ties to capitalism transformed under Mao but were never broken. And it was not just goods and currencies that changed hands. Sustained contact with foreign capitalists shaped the Chinese nation under Communism and left deep impressions on foreign policy. Deals demanded mutual intelligibility and cooperation. As a result, international transactions facilitated the exchange of ideas, habits, and beliefs, leaving subtle but lasting effects on the values and attitudes of individuals and institutions.
Drawing from official and commercial archives around the world, including newly available internal Chinese Communist Party documents, Market Maoists recasts our understanding of China's relationship with global capitalism, revealing how these early accommodations laid the groundwork for China's embrace of capitalism in the 1980s and after.
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?
The book by Jason M. Kelly provides a meticulous examination of how Maoist China engaged with global capitalist markets long before its 1978 policy shift, highlighting the complexity and sophistication of its trade practices. Reviews praise its rich historical insights and argue that it offers a fresh perspective on China's economic history by detailing the strategic, politically driven trade efforts that laid the groundwork for China's future economic prominence. The work is lauded for its compelling narrative, valuable analysis, and contribution to the understanding of China's role in the global economy.
Book Details
INFORMATION
ISBN: 9780674986497
Publisher: Harvard University Press
Format: Hardback
Date Published: 01 May 2021
Country: United States
Imprint: Harvard University Press
Illustration: 1 Maps
Audience: Professional and scholarly
DIMENSIONS
Spine width: 30.0mm
Width: 156.0mm
Height: 235.0mm
Weight: 635g
Pages: 320
About the Author
Jason M. Kelly is Senior Lecturer in International Relations at Cardiff University and Nonresident Associate in Research at the Fairbank Center for Chinese Studies at Harvard University. He was previously a Foreign Service Officer at the US Embassy in Beijing.
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