Courses of Study 2015-2016 
    
    Mar 29, 2024  
Courses of Study 2015-2016 [ARCHIVED CATALOG]

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SOC 2840 - [Capitalism in China]

(crosslisted) ASIAN 2284 , CAPS 2840 , GOVT 2284  
(GB) (SBA-AS)      
Fall. Next offered 2017-2018. 4 credits.

V. Nee.

Modern capitalism as a transformative economic order emerged in the West. Adam Smith, Karl Marx, Max Weber, and Joseph Schumpeter all contributed to understanding its dynamics, by highlighting self-interest and profit seeking, promethean bursts of innovations, creative destruction, cyclical economic growth and rising social inequalities. The course examines the emergence and growth of capitalism in China. Why didn’t modern capitalism emerge earlier in China’s modern history? What was it about the failures and successes of Maoist era state socialism that opened the way for capitalist emergence? The course examines competing approaches and arguments in the quest to understand capitalism in China. What are the cultural and social foundations of Chinese capitalism? Are the drivers of capitalist development in China similar or different from the Western experience? What are the social and environmental costs of capitalist economic development?



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