Author is an alumnus of Evanston Township High School, class of 1952.

How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.

By examining the changing political economy in China through detailed studies of the peasantry, workers, middle classes, and the dominant class, this volume reveals the Communist Party of China’s (CCP’s) impact on social change in China between 1978 and 2021. This book explores in depth the CCP’s programme of reform and openness that had a dramatic impact on China’s socio-economic trajectory following the death of Mao Zedong and the end of the Cultural Revolution. It also goes on to chart the acceptance of Market Socialism, highlighting the resulting emergence of a larger middle class, while also appreciating the profound consequences this created for workers and peasants. Additionally, this volume examines the development of the dominant class which remains a defining feature of China’s political economy and the Party-state. Providing an in-depth analysis of class as understood by the CCP in conjunction with sociological interpretations of socio-economic and socio-political change, this study will be of interest to students and scholars of Chinese Politics, Chinese History, Asian Politics, and Asian studies.

Few issues affect the future of China--and hence all the nations that interact with China--more than the nature of its ruling party and government. In this timely study, David Shambaugh assesses the strengths and weaknesses, durability, adaptability, and potential longevity of China's Communist Party (CCP). He argues that although the CCP has been in a protracted state of atrophy, it has undertaken a number of adaptive measures aimed at reinventing itself and strengthening its rule. Shambaugh's investigation draws on a unique set of inner-Party documents and interviews, and he finds that China's Communist Party is resilient and will continue to retain its grip on power. Copub: Woodrow Wilson Center Press

“A masterful depiction of the party today. . . . McGregor illuminates the most important of the contradictions and paradoxes. . . . An entertaining and insightful portrait of China’s secretive rulers.” —The Economist “Few outsiders have any realistic sense of the innards, motives, rivalries, and fears of the Chinese Communist leadership. But we all know much more than before, thanks to Richard McGregor’s illuminating and richly-textured look at the people in charge of China’s political machinery. . . . Invaluable.” — James Fallows, National Correspondent for The Atlantic In this provocative and illuminating account, Financial Times reporter Richard McGregor offers a captivating portrait of China’s Communist Party, its grip on power and control over China, and its future. China’s political and economic growth in the past three decades has been one of astonishing, epochal dimensions. The most remarkable part of this transformation, however, has been left largely untold—the central role of the Chinese Communist Party. McGregor delves deeply into China’s inner sanctum for the first time, showing how the Communist Party controls the government, courts, media, and military and keeps all corruption accusations against its members in-house. The Party’s decisions have a global impact, yet the CCP remains a deeply secretive body, hostile to the law and unaccountable to anyone or anything other than its own internal tribunals. It is the world’s only geopolitical rival of the United States, and is primed to think the worst of the West.

The Chinese Communist Party and China’s Capitalist Revolution examines issues of political change and development in China. In the last 30 years China has experienced a profound political transformation and a degree of political progress but these are largely mired in the assumption that the free market is inherently incompatible with communism, and the perceived lack of political reforms in China. Indeed, there has not been much in the sense of democratization, multi-party competition, freedom of speech and association, but as this book demonstrates, political development is not limited to these factors. Based on extensive empirical investigations of the impact of the market on the communist party, with a particular focus on its grassroots organisations, this book finds that the Chinese communist party is undergoing profound changes in a host of important areas. By analyzing the impact of China’s socioeconomic transformation on the CCP and the adaptations of the Party to the new environment the book takes stock of the nature and dynamics of political change underway in China. The author concludes that the Chinese communist party we knew no longer exists—it is evolving into something quite different, which must have political implications for both China and the rest of the world. Professor Lance L. P. Gore is a political scientist specializing in contemporary Chinese politics at The East Asian Institute, National University of Singapore.

As China moved from a planned to a market economy many people expected that China’s political system would similarly move from authoritarianism to democracy. It is now clear, however, that political liberalisation does not necessarily follow economic liberalisation. This book explores this apparent contradiction, presenting many new perspectives and new thinking on the subject. It considers the path of transition in China historically, makes comparisons with other countries and examines how political culture and the political outlook in China are developing at present. A key feature of the book is the fact that most of the contributors are China-born, Western-trained scholars, who bring deep knowledge and well informed views to the study.