Capitalist accumulation, contradictions and crisis in China, 1995-2015/ (Record no. 41359)

MARC details
000 -LEADER
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
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total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