China and capitalism

JCA co-editor Richard Westra has a new review available at our publisher maintained website. In it, he assesses the recent book by Michel Aglietta and Guo Bai entitled China’s Development: Capitalism and Empire (DOI: 10.1080/00472336.2015.1067389), published by Routledge.

Westra explains that this is an:Aglietta

ambitious book by Aglietta and Bai takes the reader on a journey from the Zhou Dynasty circa 1100 BC through China’s struggle to rebalance the post-socialist reform economy in the wake of the 2008 global financial meltdown. The theoretical framework underpinning the historical narrative is rooted in a peculiar mix of Adam Smith and the Marxist Regulation Theory of which Aglietta is a founder.

The reviewer questions the theoretical links of regulation theory with Adam Smith yet finds the book has many useful insights into China’s capitalist development.

This entry was posted in Uncategorized and tagged , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.