Margaret Pearson, Meg Rithmire, and Kellee S. Tsai proposed to use the term “party-state capitalism” to conceptualize the political-economic dynamics of China since the late 2000s.[1] They demonstrate this concept by examining three prominent manifestations of China’s unique model: party-state encroachment on markets; a blending of functions and interests of state and private ownership; and politicized interactions with foreign capital.[1]
Party-state encroachment on markets: A fundamental indicator of the expansion of the Chinese party-state system is the resurgence of party organizations within enterprises, including private enterprises and even foreign firms. A second prominent feature of Chinese party-state capitalism is the expansion of state capital far beyond state-controlled enterprises, a process that scholars have termed "state financialization. Another manifestation of party-state economic activity was the evolution of the scope of industrial policy.
Blending of functions and interests of state and private ownership: In China, the ambiguity surrounding the definition of private ownership has called into question the apparent distinction between state-owned enterprises and private enterprises. At the same time, private enterprises have emerged as key players in supporting the country's domestic security objectives.
Politicized interactions with foreign capital: Increased political oversight and scrutiny of foreign capital is a relatively new manifestation of Party-state capitalism. Specifically, not only domestic economic actors, but also foreign companies operating in China and in territories over which China claims sovereignty, expect political correctness as defined by the Party.[1]
^ abcdPearson, Margaret; Rithmire, Meg; Tsai, Kellee S. (2021-09-01). "Party-State Capitalism in China". Current History. 120 (827): 207–213. doi:10.1525/curh.2021.120.827.207. ISSN 0011-3530.
^Pearson, Margaret M.; Rithmire, Meg; Tsai, Kellee S. (2022-10-01). "China's Party-State Capitalism and International Backlash: From Interdependence to Insecurity". International Security. 47 (2): 135–176. doi:10.1162/isec_a_00447. ISSN 0162-2889.
^Wan-Wen Chu（瞿宛文） (1995). "The Pole of the State in the Development of Capitalism in Taiwan: A Review of Party-State Capitalism（國家與台灣資本主義的發展－評論《解構黨國資本主義》）". 臺灣社會研究季刊 (in Chinese (Taiwan)). 20: 151–175.
March 06, 2023
party, state, capitalism, simplified, chinese, 党国资本主义, traditional, chinese, 黨國資本主義, term, used, some, economists, sociologists, describe, contemporary, economy, china, under, chinese, communist, party, term, also, been, used, describe, economy, taiwan, under,. Party state capitalism simplified Chinese 党国资本主义 traditional Chinese 黨國資本主義 is a term used by some economists and sociologists to describe the contemporary economy of China under the Chinese Communist Party CCP 1 2 The term has also been used to describe the economy of Taiwan under the authoritarian military government of the Kuomintang KMT The term is not used by the Kuomintang itself it was coined by Taiwanese economists such as Chen Shih meng and Cyrus Chu in their research report Deconstructing the KMT State Capitalism 解構黨國資本主義 3 4 Margaret Pearson Meg Rithmire and Kellee S Tsai proposed to use the term party state capitalism to conceptualize the political economic dynamics of China since the late 2000s 1 They demonstrate this concept by examining three prominent manifestations of China s unique model party state encroachment on markets a blending of functions and interests of state and private ownership and politicized interactions with foreign capital 1 Party state encroachment on markets A fundamental indicator of the expansion of the Chinese party state system is the resurgence of party organizations within enterprises including private enterprises and even foreign firms A second prominent feature of Chinese party state capitalism is the expansion of state capital far beyond state controlled enterprises a process that scholars have termed state financialization Another manifestation of party state economic activity was the evolution of the scope of industrial policy Blending of functions and interests of state and private ownership In China the ambiguity surrounding the definition of private ownership has called into question the apparent distinction between state owned enterprises and private enterprises At the same time private enterprises have emerged as key players in supporting the country s domestic security objectives Politicized interactions with foreign capital Increased political oversight and scrutiny of foreign capital is a relatively new manifestation of Party state capitalism Specifically not only domestic economic actors but also foreign companies operating in China and in territories over which China claims sovereignty expect political correctness as defined by the Party 1 See also EditDang Guo Crony capitalism State capitalismReferences Edit a b c d Pearson Margaret Rithmire Meg Tsai Kellee S 2021 09 01 Party State Capitalism in China Current History 120 827 207 213 doi 10 1525 curh 2021 120 827 207 ISSN 0011 3530 Pearson Margaret M Rithmire Meg Tsai Kellee S 2022 10 01 China s Party State Capitalism and International Backlash From Interdependence to Insecurity International Security 47 2 135 176 doi 10 1162 isec a 00447 ISSN 0162 2889 Chen Shih meng 2006 政治經濟 現代理論與台灣應用 in Chinese Taiwan ISBN 957 41 3429 6 Wan Wen Chu 瞿宛文 1995 The Pole of the State in the Development of Capitalism in Taiwan A Review of Party State Capitalism 國家與台灣資本主義的發展 評論 解構黨國資本主義 臺灣社會研究季刊 in Chinese Taiwan 20 151 175 Retrieved from https en wikipedia org w index php title Party state capitalism amp oldid 1142283279, wikipedia, wiki, book, books, library,
