China and the Transformation of Global Capitalism is most timely, as controversy over the rise of China as an economic powerhouse and military threat to the United States is one of the most salient topics in current macro social science and policy analysis. It advances highly useful perspectives, especially for the short- and medium-term future, and will be recognized as a major contribution. -- Walter L. Goldfrank, University of California, Santa Cruz This eclectic collection is a signal contribution to what may be the most important debate in contemporary political economy: How will the dynamics of China's development shape the 21st century? Scholars and practitioners alike will benefit from confronting the plethora of provocative propositions and insights offered by the book's contributors. -- Peter Evans, University of California at Berkeley Provocative, engaging, and timely, this landmark volume examines the critical question of our times: what are the implications of China's ascendency for global capitalism? Among the many scholarly works on China, this remarkable book offers a unique and breathtaking vista of unparallelled scope. The well-crafted chapters embed China's transformation in world systemic forces as well as China's own legacies of pre-modern market development and Maoist socialism, illuminating the myriad ways in which China reshapes the global supply chains, sparks resource-based geopolitical competition among major powers, and generates the potentials for a revival of labor activism. This is essential reading for anyone interested in China and the world. -- Ching-Kwan Lee, University of California, Los Angeles
Preface
Chapter 1. Introduction: The Three Transformations of Global
Capitalism
Chapter 2. China's Market Economy in the Long Run
Chapter 3. Rethinking the Chinese Developmental Miracle
Chapter 4. Big Suppliers in Greater China: A Growing Counterweight
to the Power of Giant Retailers
Chapter 5. The "Rise of China" and the Changing World Income
Distribution
Chapter 6. China's Economic Ascent and Japan's Raw-Materials
Peripheries
Chapter 7. Sino-Russian Geoeconomic Integration: An Alternative to
Chinese Hegemony on a Shrinking Planet
Chapter 8. China and the U.S. Labor Movement
Chapter 9. China as an Emerging Epicenter of World Labor Unrest
Chapter 10. A Caveat: Is the Rise of China Sustainable?
List of Contributors
Index
Ho-fung Hung is an associate professor of sociology at The Johns Hopkins University.
This volume is a significant, timely contribution to the discussion of China's role in the world economy... Not only a must read for those studying the Chinese economy, this book will likely be welcomed and debated by observers of capitalist development on the world stage. Essential. Choice This volume is a rare and important contribution to understanding China's rise in the context of global capitalism. Despite the questions raised, this reviewer enjoyed reading all the chapters and learned much from each author who contributed to this excellent collection. The volume is a must read for anyone who is intrigued by China's past and its contemporary role in the global system. -- Lu Zheng Contemporary Sociology Ho-fung Hung... provides an excellent short background on the start of China's economic miracle, and then evolves into providing an eye-opening view of the current status of important Chinese clothes and shoe manufacturers. -- Loyd E. Eskildson Basil and Spice I would recommend this volume to comparative sociologists, historical sociologists, social theorists as well as scholars in international political economy and foreign affairs. -- Eric Mielants International Journal of Comparative Sociology I find the book to be among the best of its kind. It is an essential text to be read by students in China studies, world system theories, and international political economy. -- Miniqi Li China Quarterly For those who really want to understand the historical timing of China's rise and the correlation with global capitalism, it could be a real inspiration to read this book. -- Xuewu Gu Internationales Asienforum
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