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Industrial Eden - A Chinese Capitalist Vision (Hardcover)
Loot Price: R1,151
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Industrial Eden - A Chinese Capitalist Vision (Hardcover)
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This illuminating study of the evolution of Chinese capitalism
chronicles the fortunes of the Song family of North China under
five successive authoritarian governments. Headed initially by Song
Chuandian, who became rich by exporting hairnets to Europe and
America in the early twentieth century, the family built a thriving
business against long odds of rural poverty and political chaos. A
savvy political operator, Song Chuandian prospered and kept local
warlords at bay, but his career ended badly when he fell afoul of
the new Nationalist government. His son Song Feiqing-inspired by
the reformist currents of the May Fourth Movement-developed a
utopian capitalist vision that industry would redeem China from
foreign imperialism and cultural backwardness. He founded the
Dongya Corporation in 1932 to manufacture wool knitting yarn and
for two decades steered the company through a constantly changing
political landscape-the Nationalists, then Japanese occupiers, then
the Nationalists again, and finally Chinese Communists.
Increasingly hostile governments, combined with inflation, foreign
competition, and a restless labor force, thwarted his ambition to
create an "Industrial Eden." Brett Sheehan shows how the Song
family engaged in eclectic business practices that bore the imprint
of both foreign and traditional Chinese influences. Businesspeople
came to expect much from increasingly intrusive states, but the
position of private capitalists remained tenuous no matter which
government was in control. Although private business in China was
closely linked to the state, it was neither a handmaiden to
authoritarianism nor a natural ally of democracy.
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