Red Inc.

Dictatorship and the Development of Capitalism in China, 1949-2009

By Robert K. Schaeffer | Publisher: Taylor and Francis

About the book

Red Inc. takes issue with the view that economic development will eventually promote democracy. It outlines in detail the enormous social costs of the rapid rise of China's economy. Although many observers argue that Deng Xiaoping introduced capitalism to China in the late 1970s, Schaeffer believes that capitalist development really began during the 1950s under Mao Zedong. But although Mao made relentless efforts to generate the capital needed to finance economic development, his regime failed to promote any real growth. Schaeffer shows that the remarkable rise of its economy in recent years has provided China with new and often corrupt sources of wealth and power that have enabled it to resist democracy. He brings into sharp focus the consequence of the regime's uncompromising approach to capital accumulation.

Editions of Red Inc.

EBook
ISBN 9781317253105
PDF
ISBN 9781317253112

Read an Excerpt

Red Inc. takes issue with the view that economic development will eventually promote democracy. It outlines in detail the enormous social costs of the rapid rise of China's economy. Although many observers argue that Deng Xiaoping introduced capitalism to China in the late 1970s, Schaeffer believes that capitalist development really began during the 1950s under Mao Zedong. But although Mao made relentless efforts to generate the capital needed to finance economic development, his regime failed to promote any real growth. Schaeffer shows that the remarkable rise of its economy in recent years has provided China with new and often corrupt sources of wealth and power that have enabled it to resist democracy. He brings into sharp focus the consequence of the regime's uncompromising approach to capital accumulation.

Frequently Asked Questions

What is Red Inc. about?

Red Inc. takes issue with the view that economic development will eventually promote democracy. It outlines in detail the enormous social costs of the rapid rise of China's economy. Although many observers argue that Deng Xiaoping introduced capitalism to China in the late 1970s, Schaeffer believes that capitalist development really began during the 1950s under Mao Zedong. But although Mao made relentless efforts to generate the capital needed to finance economic development, his regime failed to promote any real growth. Schaeffer shows that the remarkable rise of its economy in recent years has provided China with new and often corrupt sources of wealth and power that have enabled it to resist democracy. He brings into sharp focus the consequence of the regime's uncompromising approach to capital accumulation.

What core themes, tropes, or subjects are explored in Red Inc.?

Society and Social Sciences > Sociology and anthropology > Sociology

Where can I read a sample of Red Inc.?

You can read an official preview of the few pages here https://www.book2look.com/book/9781317253105

Who is/are the Author/s of the book Red Inc.?

Robert K. Schaeffer

Who is the Publisher of the book Red Inc.?

Taylor and Francis

What are the ISBN numbers for the physical and digital editions?

Red Inc. is available as ebook(ISBN 9781317253105) and pdf(ISBN 9781317253112)