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China's Political Economy in Modern Times: Changes and Economic Consequences, 1800-2000

By (author) Kent G Deng

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This book makes an important contribution to the study of changes in Chinaâ€™s institutions and their impact on the national economy as well as ordinary peopleâ€™s daily material life from 1800 to 2000. Kent Deng reveals Chinaâ€™s mega-cycle of prosperity-poverty-prosperity without the usual attribution to the 1840 Opium War, or the alleged population pressure, class struggle and oriental despotism. The book challenges the conventional view on `rebellionsâ€™, `revolutionsâ€™ and their alleged motivations and outcomes. Its findings separate commonly circulated myth with reality based on solid evidence and careful evaluation. The benchmark used by the author is peopleâ€™s entitlement and mundane day-to-day material well being, instead of the stereotype of aggregates of industrial hardware and national GDP. Chinaâ€™s Political economy in Modern Times proves that state-building was the prime mover in Chinaâ€™s modern history. Contrary to the popular belief in mass movement, Deng shows convincingly that changes were in most cases imposed by a minority with external help. Therefore, the quality of the state was unpredictable, seen from the anti-state that cost lives and economic growth. This book will be of interest to students and scholars of Chinese Politics, Chinese Economics, Chinese History, and Political Economy.

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