Capitalist accumulation, contradictions and crisis in China, 1995-2015/ (Record no. 41359)
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000 -LEADER | |
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fixed length control field | 01732cam a2200145 4500 |
100 1# - MAIN ENTRY--PERSONAL NAME | |
Personal name | PAULS Robert |
245 ## - TITLE STATEMENT | |
Title | Capitalist accumulation, contradictions and crisis in China, 1995-2015/ |
Statement of responsibility, etc. | Robert Pauls |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2022 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | Drawing upon Marxian and regulation theory, this article seeks to identify key dynamics and contradictions of capitalist accumulation in China between 1995 and 2015 and to explain these in their institutional context. To this end, data from national accounts and input-output tables is re-mapped to estimate Marxian categories such as the rates of surplus value and profit. The article demonstrates how the transformation of the wage relation and an increase in the rate of surplus value lie at the core of a predominantly extensive accumulation regime that enabled rapid and uncoordinated growth facilitated by world market integration. In the wake of the global crisis, however, a confluence of contradictions has led to over-accumulation and a decline in profitability, clear symptoms of exhaustion of the accumulation regime that explain the current slowdown under the "New Normal." The underlying contradictions are rooted in the institutional context of the "Socialist Market Economy," but especially in the wage relation, which no longer supports sufficient increases in the rate of surplus value or a regular pace of accumulation. |
598 ## - BULLETIN HEADING | |
Bulletin Heading | CHINA, ECONOMICS |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | CHINA |
General subdivision | RATE OF SURPLUS VALUE |
-- | RATE OF PROFIT |
-- | ECONOMIC CRISIS |
-- | REGULATION THEORY |
-- | WAGE RELATION |
773 ## - HOST ITEM ENTRY | |
Main entry heading | Journal of Contemporary Asia: |
Related parts | Vol.52, No. 2, May 2022, p.267-295 |
856 ## - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://www.tandfonline.com/doi/full/10.1080/00472336.2020.1861640">https://www.tandfonline.com/doi/full/10.1080/00472336.2020.1861640</a> |
Public note | Click here for full text |
945 ## - LOCAL PROCESSING INFORMATION (OCLC) | |
i | 67297.1001 |
r | Y |
s | Y |
Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Shelving location | Date acquired | Total checkouts | Full call number | Barcode | Date last seen | Copy number | Price effective from | Koha item type |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mindef Library & Info Centre | Mindef Library & Info Centre | Journals | 06/07/2022 | CHINA | 67297.1001 | 03/01/2024 | 1 | 03/01/2024 | Journal Article |