Capitalism without Democracy: The Private Sector in Contemporary China

Over the past three decades, China has undergone a historic transformation. Once illegal, its private business sector now comprises 30 million businesses employing more than 200 million people and accounting for half of China's Gross Domestic Product. Yet despite the optimistic predictions of political observers and global business leaders, the triumph of capitalism has not led to substantial democratic reforms.

In Capitalism without Democracy, Kellee S. Tsai focuses on the activities and a...