Market communism1998

In Market Communism, the author investigates the institutional foundations of China's economic hyper-growth in the context of a communist system, contending that China's economy has flourished because of the communist system, and not in spite of it. He advances his thesis by explaining the key elements of China's economic structure - State-owned Enterprises, Township and Village Enterprises, individually owned businesses - and the individuals who drive it, such as the government officials engaged in for-profit business or 'bureaucratic entrepreneurs'. The author also provides an in-depth, theoretical analysis of the socio-political structure underlying the reform process.