The “China Miracle”: Thinking on Economic Theory Innovation

2019 ◽  
Vol 10 (03) ◽  
pp. 1950014
Author(s):  
Bin Xia
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Economic Theories ◽  
Economic Miracle ◽  
Chinese Characteristics ◽  
Reform And Opening Up ◽  
Opening Up

Starting with explaining the differences between theory and experience, based on various schools of economic theories, this paper sorts out and evaluates different views of Chinese Economists’ theoretical summaries of the “economic miracle” for 40 years since reform and opening-up, and then analyses four fundamental reasons behind the divergence among the economists. The paper expresses the understanding of Chinese Economics, the School of Chinese Economics and the Socialist Political Economy with Chinese Characteristics and puts forward several issues for further improvement on innovations of economic theory.

Gift Exchange as Narrative and Metaphor

2019 ◽  
Vol 29 (6) ◽  
pp. 229-252
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Social Science ◽  
Gift Exchange ◽  
Natural Sciences ◽  
Economic Anthropology ◽  
Karl Polanyi ◽  
Commodity Exchange ◽  
Economic Theories ◽  
Characteristic Features

The article deals with characteristic features of economic anthropology"s rhetoric of reciprocity and analyzes the factors that affected its formation. The authors consider two principal interpretations of reciprocity in economic anthropology that were formed under the influence of its two main founders - Malinowski and Mauss. The characteristic features of their two types of rhetoric are discussed together with the purposes for which they were used. Two different intentions were pivotal for the work of these researchers and their followers: first, to establish economic anthropology as a positivistic science; and second, to use the analysis of archaic societies as evidence for their critique of a capitalistic economy.To achieve the first task they actively used rhetoric borrowed from the natural sciences, and especially from biology as well as from economic theories that were another social science also striving for a more rigorous positivism. For the second task they turned to the rhetoric of political economy and used arguments based on a dialectical opposition between commodity exchange and gift exchange. The most prominent example of such dialectical rhetoric is in the works of Chris Gregory and Karl Polanyi in which gift exchange was interpreted as a metaphor for a utopian alternative to capitalistic commodity exchange. Because the rhetoric of economic anthropology from its inception to the present has been profoundly influenced by the language of general economic theory, the article examines the genesis of the rhetoric of economics as a science. This leads to an analysis of how the language of economics was affected by the rhetoric of the natural sciences, then of psychology and finally of law.

China’s Transition to Green Development: Process, Challenges and Responsive Measures

2020 ◽  
pp. 2075005
Author(s):  
Yiming WANG
Keyword(s):  
Emission Reduction ◽  
Development Process ◽  
Resource Conservation ◽  
Environmental Damage ◽  
Development Mode ◽  
High Consumption ◽  
Green Development ◽  
Chinese Characteristics ◽  
Reform And Opening Up ◽  
Opening Up

Since the reform and opening up, China has made unremitting explorations of a transition to green development and promoted economic development to get rid of dependence on high consumption, high emissions and environmental damage, and shift to a green development mode that can help in the mutual promotion between economic growth and resource conservation, emission reduction and environmental improvement. This paper elaborates China’s progress and challenges in its transition to green development and provides responsive measures for future green transformation with Chinese characteristics.

scholarly journals A reflection on borrowing from western economics

2019 ◽  
Vol 2 (2) ◽  
pp. 238-257
Author(s):  
Fuqian Fang
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Market Economy ◽  
Capitalist System ◽  
Content Type ◽  
Operating Rules ◽  
Market Economy System ◽  
Chinese Characteristics ◽  
Internal Relations ◽  
Great Practice

Purpose Western economics came into being with the rise of the capitalist market economy. It had a nature of duality beginning from its birth: the justificativeness of providing theoretical pillars for the capitalist market economy system and the scientificity of revealing the internal relations and operating rules of the capitalist market economy. The paper aims to discuss this issue. Design/methodology/approach However, after the 1830s, this justificativeness gradually evolved into vulgarity. Since the 1930s, modern western mainstream economics has mainly explored the general market economy on the assumption that the capitalist system remains unchanged, and many outcomes of such research are positive and beneficial. Findings Political economy of socialism with Chinese characteristics, at the present stage, is mainly a Chinese socialist market economics. It is guided by the Marxist political economy and rooted in the great practice of China’s reform and opening up and socialist modernization. Originality/value According to political complexion, western economic theories can be divided into political economic theory, mainstream economic theory and basic economic theory. By subjecting these theories to what we term “elimination,” “transformation” and “transplantation” surgeries, respectively, we can absorb and accommodate their beneficial elements in building a political economy of socialism with Chinese characteristics, which in turn is conducive to the development and prosperity of such an economy.

scholarly journals Moral Education Enlightenment of the Classic Patriotic Song “My Motherland and Me”

2020 ◽  
Vol 3 (2) ◽  
pp. 21
Author(s):  
Yu Zhou
Keyword(s):  
Moral Education ◽  
Teaching Experience ◽  
Self Confidence ◽  
Chinese Characteristics ◽  
Musical Works ◽  
Collaborative Education ◽  
New Type ◽  
Cultural Self ◽  
Reform And Opening Up ◽  
Opening Up

“My Motherland and Me”, a passionate patriotic song, can stand out from many patriotic themes after more than 30 years of writing, and with the help of “Flash Mob”, a new type of artistic expression, the theoretical self-confidence, road self-confidence, system self-confidence, and cultural self-confidence of socialism with Chinese characteristics over the past 40 years of reform and opening up were passed. It conveys the endless patriotism and nationalism of the Chinese nation, and conveys the strong historical blame of the rise and fall of the world, showing the powerful aesthetic and moral education functions of musical works. Teachers can use “My Motherland and Me” as a teaching case for the collaborative education of moral education and aesthetic education, and from here and there, promote the teaching experience of moral education.

scholarly journals Research on the Problems and Countermeasures in Cultivation of College Students' Cultural Confidence in the New Era

2020 ◽  
Vol 4 (9) ◽  
Author(s):  
Kangjun Guo
Keyword(s):  
College Students ◽  
Human Society ◽  
Human Beings ◽  
Xi Jinping ◽  
New Era ◽  
Chinese Nation ◽  
Chinese Characteristics ◽  
Foreign Exchanges ◽  
Reform And Opening Up ◽  
Opening Up

Culture is a unique phenomenon in human society, which reflects the wisdom of human beings. It is not only the core of a country's cohesion, but also the spiritual driving force for a country to be prosperous and developed. Cultural confidence is an important theoretical content and component of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, and an essential source of strength for the great rejuvenation of the Chinese nation. Under the influence of foreign cultures, college students in the new era have problems such as loss of value and lack of confidence in terms of cultural confidence. Therefore, in the course of expanding foreign exchanges and carrying out reform and opening up, it has become an important mission that cannot be delayed for the ideological and political theory teaching in colleges and universities to strengthen the cultural confidence of college students and reinforce their cultural confidence education.

A Theory of China's 'Miracle': Eight Principles of Contemporary Chinese Political Economy

2017 ◽  
Vol 68 (8) ◽  
pp. 46 ◽  
Author(s):  
Cheng Enfu ◽  
Ding Xiaoqin
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Economic Development ◽  
Theoretical Model ◽  
Economic Miracle ◽  
Monthly Review ◽  
Beijing Consensus ◽  
Developmental Gains ◽  
China Model ◽  
Contemporary Chinese

China's rapid economic development in recent years is often characterized as "miraculous." Talk of a "Beijing Consensus" or "China model" has become commonplace in academic debates. But as we have written elsewhere, "theoretical problems have started to emerge with regards to the very existence, content, and prospects of the China model." The key question, then, is what kind of economic theory and strategy underpin this "miracle."… [W]e hold that the country's major recent developmental gains are the achievements of theoretical advances in political economy, originating in China itself, while the main problems that have accompanied China's development reflect the damaging influence of Western neoliberalism.… We hope to clarify the official theoretical model behind China's economic "miracle," using the terms and concepts prevalent in China today.Click here to purchase a PDF version of this article at the Monthly Review website.

scholarly journals Analysis of the innovation and development of the socialist market economy theory

2019 ◽  
Vol 2 (1) ◽  
pp. 85-97
Author(s):  
Jiayong Hu
Keyword(s):  
Political Economy ◽  
Market Economy ◽  
Distribution System ◽  
Allocation Mechanism ◽  
Socialist Market Economy ◽  
Content Type ◽  
Chinese Characteristics ◽  
The Government ◽  
Opening Up ◽  
Socialist Market

Purpose As a major theoretical breakthrough of the Marxist political economy based on the practice of China’s reform and opening up, the theory of socialist market economy constitutes an important part of the political economy of socialism with Chinese characteristics. The paper aims to discuss this issue. Design/methodology/approach Its essence is that socialism (as a social system) and market economy (as a resource allocation mechanism) can be organically integrated to exert the advantages of both at the same time and generate new institutional and systematic advantages. Findings It has condensed many important theoretical viewpoints, involving major theoretical and practical issues, such as the relationship between the government and the market, the basic economic system, the income distribution system, the operation of the market economy and the opening up to the outside world, which have become the basic principles of socialist political economy with Chinese characteristics. Originality/value The new practice of comprehensively deepening reform and building a moderately prosperous society in an all-round way is bound to provide an impetus to the deepening and systematization of the theory of socialist market economy.

scholarly journals Origins of China’s Contested Relation with Neoliberalism: Economics, the World Bank, and Milton Friedman at the Dawn of Reform

2020 ◽  
Vol 1 (1) ◽  
Author(s):  
Isabella Weber
Keyword(s):  
Economic Theory ◽  
World Bank ◽  
Private Property ◽  
Global Market ◽  
The World Bank ◽  
The World ◽  
Neoliberal Development ◽  
Economic Thinking ◽  
Reform And Opening Up ◽  
Opening Up

China is found both to be neoliberal and to provide an alternative to neoliberal development. To illuminate the origins of this contradiction, this paper analyzes China’s relationship with neoliberalism from a historical and economic theory perspective. Neoliberal economic thinking became relevant to China with the beginning of reform and opening up in 1978, when the Communist Party moved from Maoism to an economic determinist outlook on socialism. This ideological shift opened the door for exchanges with the World Bank and foreign economists, including neoliberals. Yet an analysis of Milton Friedman’s speeches in China reveals a critical divide: the Chinese reformers embrace the market but deny that the market requires universal private property. Thus, China is integrated into the global market while the Chinese state reserves its rights to control the economy.

Organisation informelle et identité : de la théorie des organisations à l’économie politique de l’entreprise

2016 ◽  
Vol 55 (2) ◽  
pp. 189-207
Author(s):  
Virgile Chassagnon ◽  
Bernard Baudry
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Social Identity ◽  
Theory Of The Firm ◽  
Political Economics ◽  
The Political ◽  
Economic Theories ◽  
Research Questions ◽  
Classical Economic ◽  
Theoretical Developments

In this paper the authors defend the idea according to which the economic theories of the firm could be astutely enriched by specific theoretical developments of organization theories. In this view, they focus on two crucial research questions for the political economics of the firm: (1) the informal organization of the firm; and (2) social identity in the firm. This analysis allows to show the strong limitations of classical economic theory of the firm and to contribute to the reworking of a political economy of the firm.

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