Mao and Markets: The Communist Roots of Chinese Enterprise

Mao and Markets: The Communist Roots of Chinese Enterprise

by Christopher Marquis, Kunyuan Qiao
Mao and Markets: The Communist Roots of Chinese Enterprise

Mao and Markets: The Communist Roots of Chinese Enterprise

by Christopher Marquis, Kunyuan Qiao

Hardcover

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Overview

A thoroughly researched assessment of how China’s economic success continues to be shaped by the communist ideology of Chairman Mao
 
A Financial Times “Best Book of 2022”
 
Tied for the 2023 Axiom Gold Medal, sponsored by Axiom Business Book Awards

 
It was long assumed that as China embraced open markets and private enterprise, its state-controlled economy would fall by the wayside, that free markets would inevitably lead to a more liberal society. Instead, China’s growth over the past four decades has positioned state capitalism as a durable foil to the orthodoxy of free markets, to the confusion of many in the West.
 
Christopher Marquis and Kunyuan Qiao argue that China’s economic success is based on—not in spite of—the continuing influence of Communist leader Mao Zedong. They illustrate how Mao’s ideological principles, mass campaigns, and socialist institutions have enduringly influenced Chinese entrepreneurs’ business strategies and the management of their ventures. Grounded in case studies and quantitative analyses, this book shows that while private enterprise is the engine of China’s growth, Chinese companies see no contradictions between commercial drive and a dedication to Maoist ideology.

Product Details

ISBN-13: 9780300263381
Publisher: Yale University Press
Publication date: 11/15/2022
Pages: 384
Product dimensions: 6.30(w) x 9.30(h) x 1.00(d)

About the Author

Christopher Marquis is Sinyi Professor of Chinese Management at Cambridge Judge Business School and author of Better Business: How the B Corp Movement Is Remaking Capitalism. Kunyuan Qiao is a faculty member at Georgetown McDonough School of Business.
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