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Books > Earth & environment > The environment > Environmental economics
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China and the West - Crossroads of Civilisation (Hardcover)
Loot Price: R3,979
Discovery Miles 39 790
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China and the West - Crossroads of Civilisation (Hardcover)
Series: Routledge Studies on the Chinese Economy
Expected to ship within 12 - 17 working days
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Capitalist globalisation since the 1980s has produced immense
benefits in terms of technical progress, poverty reduction and
welfare improvement. However, it has been accompanied by profound
contradictions, including ecological destruction, global warming,
inequality, concentration of business power, and financial
instability. Regulation of global political economy in the
interests of the majority of the world's population is essential if
the human species is to avoid a Darwinian catastrophe. This book
explores China's rich history of regulating the market in the
interests of the mass of the population. For over two thousand
years the Chinese bureaucracy has sought pragmatically to find a
Way in which to integrate the 'invisible hand' of market forces
with the 'visible hand' of ethically guided government regulation.
Instead of seeking confrontation with China, citizens and
politicians in the West need to deepen their understanding of the
contribution that China can make to globally sustainable
development in the decades and centuries ahead.
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