capitalism

China, USSR, and Desperate Dire Predictions

A commentary [zh] widely published in China’s state media warns that the “European and American model of capitalism and constitutionalism”, promoted online by doom-laden false rumors, could tip China into an...

Jailed for Capitalism on the Street of Eternal Happiness

For Marketplace, Rob Schmitz tracks down an elderly couple after discovering their letters to each other written in the 1950s when the husband was in prison camp and the wife was raising their children in Beijing. The husband...

China’s Flawed “Authoritarian Capitalism”

James McGregor, a businessman and former Wall Street Journal reporter who has spent more than 20 years in China, published a book last year about the dangers of China’s model of authoritarian capitalism. The domination of...

Xi’s China: Communism, Capitalism and Reform

While current president Hu Jintao may not give up the reins of China’s military to his successor right away, Jane Perlez of The New York Times wonders what Xi Jinping’s longstanding ties to the People’s...

Just How Powerful Are China’s State-Owned Firms?

The Wall Street Journal’s China Real Time Report blog looks at a new report from the U.S.-China Economic and Security Review Commission, which estimates that fully half of China’s GDP comes from state-owned...

Hit-and-Run Tragedy: Which Ideology to Blame?

Many commentators are looking to blame ideology for the inaction of the 18 passers-by who failed to help an injured two-year-old in Foshan. The question is, which ideology is to blame? The Washington Post suggests that...

Gorbachev: China "Will Have to Decide on Political Change"

In an interview with The Guardian, former Soviet leader Mikhail Gorbachev discusses what he sees as the inevitability of political reform in China, as well as the fall of the USSR and his views on his successors. As the...

China Takes a New Look at Marxism

In Asia Times, Francesco Sisci writes about a renewed faith in Marxism in China, in the wake of the global financial crisis: The strong emphasis on Marxism has been echoed by headlines in recent months. The current economic...

China and the World in 2009

Andrea at T-Salon has translated a tweet that is making the rounds of Chinese Twitterers: In 1949 only Socialism can save China; In 1979 only Capitalism can save China; In 1989 only China can save Socialism; In 2009 only China...

Chinese Capitalism

From The Economist: MOST people, particularly those living outside China, assume that the country’s phenomenal growth and increasing global heft are based on a steady, if not always smooth, transition to capitalism. Thirty years...

Class Struggle in the New China

In the Nation, Christian Parenti reports from Daba, Chongqing, about how China’s disenfranchised farmers and workers are coping: Da Ba is in many ways a typical Chinese village. Its center has a few blocks of tightly...

The People’s Republic of Capitalism

Xujun Eberlein at Inside-Out China blog recently saw Ted Koppel’s 4-hour documentary on China, The People’s Republic of Capitalism. Here’s what she had to say about it: For three evenings I watched the DVDs...

People’s Republic of Capitalism

Ted Koppel has a new four-part series on the Discovery Channel about China called “People’s Republic of Capitalism.” From an AP report about the show: The series illustrates how dramatically China has changed...

China’s Last Maoists Submit To Capitalism

From Telegraph: China’s last Maoist collective, where villagers held out against capitalism, is to privatise after its prosperity was found to have rested on a mountain of hidden debt. While the rest of the country...

Thoughts on Bankruptcy of the Last ‘Animal Farm’

Global Voices Online translates a post from blogger Xiong Peiyun about the fate of Nanjie Village, once touted as a model communist village: The Nanjie myth is now broken. A reporter survey found that as early as three years...

The Future of China’s Political-Economic Model

Journalist Ian Buruma and German philosopher Slavoj Zizek separately take a look at the future of capitalism and democracy in China. Buruma writes (via Project Syndicate): To come back from near destitution and bloody tyranny in one generation is a great feat, and China should be saluted for it. But China’s success story is also […]

Beijing Bulletin – Michael Bristow

For the BBC, Michael Bristow writes the first in a series of columns about Beijing in the run-up to the Olympics: Mao Zedong’s portrait still hangs in Beijing’s Tiananmen Square, Marx is still mentioned and, of course, the Chinese Communist Party is still in power. Even the outdated greeting ‘comrade’ is still used in official […]

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