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China Constructing Capitalism: Economic Life and Urban Change
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ISBN
:
9780415497053
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Publisher
:
Routledge
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Subject
:
Encyclopaedias & Reference Works
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Binding
:
Hardcover
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Year
:
2013
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12100.0
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9801.0
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Description
Dominant theorists of globalization take on the assumptions of a 'Washington Consensus' which presumes the centrality of neo-liberal American individualism. For them??America's globalization is at stake. Scott Lash and his colleagues argue that there is a new global driving force: a new logic that is Global China. Here Washington neo-liberal individualism is displaced by the collective relationality of a 'Beijing Consensus'. This relationality harks back to Taoism and Confucianism yet is a motor of Chinese global hypermodernity. This book analyzes China as a 'risk culture', embracing the boundless opportunity and adventure of Beijing's Olympic architecture, Shenzhen investment bank young traders, Shanghai property developers and art markets. It examines the risk-sharing of intergenerational family mortgages, wage-pooling microfinance and regimes of collective saving. It scrutinizes the ever-present shadow of the risk-averse (yet uncertainty-creating) state.??Global China??is a must read for social scientists, policy makers and investors.
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