ISBN: HB: 9780300263381
February 2023
384 pp.
23,4x15,2 cm
43 black&white illus.
HB:
£20.00
QTY:
Mao and Markets
The Communist Roots of Chinese Enterprise
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 as 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.
Christopher Marquis and Kunyuan Qiao argue 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.
It was long assumed that as China embraced open markets and private enterprise, its state-controlled economy would fall by the wayside as 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.
Christopher Marquis and Kunyuan Qiao argue 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.
About the author
Christopher Marquis is Sinyi Professor of Chinese Management at Cambridge Judge Business School, and Kunyuan Qiao is a faculty member at Georgetown McDonough School of Business. Marquis is the author of "Better Business: How the B Corp Movement Is Remaking Capitalism".