Primitive Socialist Accumulation in China: An Alternative View on the Anomalies of Chinese “Capitalism”

@article{Cheng2020PrimitiveSA,
  title={Primitive Socialist Accumulation in China: An Alternative View on the Anomalies of Chinese “Capitalism”},
  author={Sam-Kee Cheng},
  journal={Review of Radical Political Economics},
  year={2020},
  volume={52},
  pages={693 - 715}
}
  • Sam-Kee Cheng
  • Published 2020
  • Economics
  • Review of Radical Political Economics
China’s economic system has yet to be adequately explained by any models. China’s export-led industries were initially viewed as a source of cheap labor but its economy has now emerged as a serious competitor to advanced capitalism. However, after decades of market reform, China’s state sector, rather than disappearing or being marginalized, has become a leader in strategic sectors and the driver of its investment-led growth. Heterodox political scientists and economists have long argued that… Expand
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