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Maonomics: Why Chinese Communists Make Better Capitalists Than We Do
The end of the cold war was thought to signal the triumph of Western capitalism over Communism. In Maonomics: Why Chinese Communists Make Better Capitalists than We Do, Napoleoni argues just the opposite: what we are witnessing instead is the beginning of the collapse of capitalism and the victory of "communism with a profit motive." Maonomics charts the prodigious ascent ...more
Hardcover, 384 pages
Published October 4th 2011 by Seven Stories Press
(first published 2010)
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Maonomics would be more appropriately titled “Unbreakable China; Broken English” because it focuses on the wonderful attributes of China (including why Tiananmen Square was necessary) and the many, many faults of the West (including our lack of press freedom compared to China’s). In fact the majority of the book is spent on the West’s faults, and to the extent China’s economic model is discussed, it is decidedly not Mao’s but rather Deng’s that is exalted. Maonomics has a better ring to it than ...more
I enjoyed reading this book. Its most interesting idea is that the communist state may be perceived as more democratic in its own way than the West. China is an enigma on many levels. Westerners apply various points of reference to explain to themselves what exactly happens in this country. Napoleoni goes back in history, analyses the culture as a whole, looks at positive and negative factors and comes to a conclusion that China created a unique model of succeeding in the 21st century. While Eur ...more
Interessant anàlisi del capitalisme i del sistema polític occidental des de la perspectiva xinesa. Tot i això, és molt superficial pel que fa a la qualitat i quantitat de informació sobre la estructura institucional xinesa. Sovint s'utilitzen afirmacions i comparacions relativament poc contrastables.
Loretta Napoleoni goes against traditional media portrayals of China and gives a very interesting perspective, albeit at a different angle, on the Chinese economy. It challenges you to rethink and question the consensus, Western perception of China as anti-capitalist and communist.