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This book is authored by Chinese economist Yanan Wang. It provides a systematic analysis of the modern Chinese economy by adopting comprehensive, developmental, and comparative methodologies. The work elucidates the interconnections among key economic concepts such as goods, value, money, capital, profit, interest, wages, rent, and panic within the historical context of China s semi-colonial society in 1946.
Drawing on modern Chinese economic history, this book investigates how feudal economic remnants, perpetuated by Chinese landlords, impeded the development of modern national capitalism. By appropriately applying core theories of capital and employing dialectical materialism, the author guides the analysis from partial to holistic perspectives and from qualitative to quantitative approaches, thereby clarifying the complex economic phenomena of modern China. This book enhances readers' understanding of modern Chinese history and the origins of China s post-1949 economic policies.
List of contents
Three Stages of Chinese Economic Research.- The Need for Scientific Chinese Economic Research in Both Theory and Practice.- Scientific Foundations and Methods of Research on Chinese Economy.- Forms of Chinese Commodities.- Forms of Chinese Commodity Value.- Basics of Currency.- Special Features of the Chinese Currency.- The Functions of Chinese Currency.- Currency Reform and Special Movement Tendency of Currency.- The General Concepts of Capital and its Occurrence and Development.- An Examination of the Quality and Quantity of Various Forms of Capital in China.- Accumulation, Centralization and Decentralization of Chinese Capital.- Capital Movement Laws in and after the War.- Interest, Profit and Laws.- Forms of Chinese Interest.- Regulating Effects of the Chinese Interest Forms on Profit.- Regulating Effects of the Forms of Chinese Commercial Profit on Industrial Profit.- A Comprehensive Investigation into Chinese Interest and Profit and Their New Current Forms.- Forms of Labor and Wage.- Traditional Chinese Wage-labor Relationships.- Evolution from Traditional to Modern Wage-labor.- Quality and Quantity of Chinese Wage-labor.- Forms of Wages: A Realistic Basis for Exploitation.- The Evolutionary Process from Feudalistic to Capitalist Land Rent.- General Phenomena Forms and Characteristics of Land Rent in China.- The Shadow of Absolute and Differential Land Rent as Expressed in the Limits of Development of Commodity-Monetary Relations.- The Development of Modern Land Rent Regulated by forms of Land Ownership and Land Operation.- The Peculiarities of Land Rent Expressed by the Composition of Agricultural Capital and Agricultural Wage labor.- Accumulation and Transformation of Land Rent.- Differences Between Two Typical Forms of Economic Crises.- Characteristics of Economic Crises in Traditional China.- Traditional Economic Crises and Economic Modernization.- Expansion of Market Relations and Manifestations of Modern Economic Crises.- Causes and Consequences of Crises under the Interplay of General Economic Laws.
Summary
This book is authored by Chinese economist Yanan Wang. It provides a systematic analysis of the modern Chinese economy by adopting comprehensive, developmental, and comparative methodologies. The work elucidates the interconnections among key economic concepts—such as goods, value, money, capital, profit, interest, wages, rent, and panic—within the historical context of China’s semi-colonial society in 1946.
Drawing on modern Chinese economic history, this book investigates how feudal economic remnants, perpetuated by Chinese landlords, impeded the development of modern national capitalism. By appropriately applying core theories of capital and employing dialectical materialism, the author guides the analysis from partial to holistic perspectives and from qualitative to quantitative approaches, thereby clarifying the complex economic phenomena of modern China. This book enhances readers' understanding of modern Chinese history and the origins of China’s post-1949 economic policies.
