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Crouching Dragon, Hidden Tiger - Can China and India Dominate the West? (Paperback)
Loot Price: R476
Discovery Miles 4 760
You Save: R60
(11%)
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Crouching Dragon, Hidden Tiger - Can China and India Dominate the West? (Paperback)
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List price R536
Loot Price R476
Discovery Miles 4 760
You Save R60 (11%)
Expected to ship within 10 - 15 working days
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The media is feeding on the boastful self-confidence of a newly
invigorated entrepreneurial class in India, and on the growing
irritation in the Chinese leadership with the Indian upstart. To
say these two countries will dominate the global economy in fifty
years if they stay on their present trajectories is undoubtedly
true. But to take for granted that they will succeed in doing so is
naive. Both countries are in the early stages of transformation
from precapitalist to capitalist societies and this transition is,
by its very nature, jarring. The transition closes old avenues of
progress and opens new ones, creating new winners and new losers by
the hundreds of thousands. The faster the rate of economic change,
the less time given to existing social institutions to adapt, and
the greater, therefore, the propensity for violent change. This
book looks at the interaction of economic with political and social
change in China and India as they have progressed down the road to
capitalism. It examines the social and political conflicts that the
market has unleashed, and shows how the course of development in
both countries has been determined by the conflict between
competing strata of the newly empowered capitalist class. It
concludes that neither country has created the institutions that
are needed to reconcile these conflicts. Their future therefore
remains uncertain.
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