During the second half of the twentieth century the countries of East Asia saw one of the most remarkable transformations in human history, from relatively poor societies to global powerhouses of accumulation, proletarianisation and mega-urbanisation. This volume features Marxist scholars from East Asia and Europe who are pioneering a new approach to this transformation using the theory of state capitalism. The essays analyse the histories of countries on either side of the Cold War divide within the broader framework of twentieth century global capitalist expansion, while at the same time offering a sophisticated critique of Developmental State Theory. Contributors are: Tobias ten Brink, Gareth Dale, Jeong Seongjin, Michael Haynes, Kim Ha-young, Kim Yong-uk, Lee Jeong-goo, and Owen Miller

Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.

The liberal-democratic world order is confronting the rise of authoritarian state-led corporate interventions. This book explains how and why.

This volume explores how Chinese institutions have adapted to the new challenges of 'state capitalism'.

It is well known that Taiwan and South Korea, both former Japanese colonies, achieved rapid growth and industrialization after 1960. The performance of former European and American colonies (Malaysia, Singapore, Burma, Vietnam, Laos, Cambodia, Indonesia, and the Philippines) has been less impressive. Some scholars have attributed the difference to better infrastructure and greater access to education in Japan’s colonies. Anne Booth examines and critiques such arguments in this ambitious comparative study of economic development in East and Southeast Asia from the beginning of the twentieth century until the 1960s. Booth takes an in-depth look at the nature and consequences of colonial policies for a wide range of factors, including the growth of export-oriented agriculture and the development of manufacturing industry. She evaluates the impact of colonial policies on the growth and diversification of the market economy and on the welfare of indigenous populations. Indicators such as educational enrollments, infant mortality rates, and crude death rates are used to compare living standards across East and Southeast Asia in the 1930s. Her analysis of the impact that Japan’s Greater Asian Co-Prosperity Sphere and later invasion and conquest had on the region and the living standards of its people leads to a discussion of the painful and protracted transition to independence following Japan’s defeat. Throughout Booth emphasizes the great variety of economic and social policies pursued by the various colonial governments and the diversity of outcomes. Lucidly and accessibly written, Colonial Legacies offers a balanced and elegantly nuanced exploration of a complex historical reality. It will be a lasting contribution to scholarship on the modern economic history of East and Southeast Asia and of special interest to those concerned with the dynamics of development and the history of colonial regimes.

When the crucial years after the Korean War are remembered today, histories about North Korea largely recount a grand epic of revolution centering on the ascent of Kim Il Sung to absolute power. Often overshadowed in this storyline, however, are the myriad ways the Korean population participated in party-state projects to rebuild their lives and country after the devastation of the war. North Korea's Mundane Revolution traces the origins of the country's long-term durability in the questions that Korean women and men raised about the modern individual, housing, family life, and consumption. Using a wide range of overlooked sources, Andre Schmid examines the formation of a gendered socialist lifestyle in North Korea by focusing on the localized processes of socioeconomic and cultural change. This style of "New Living" replaced radical definitions of gender and class revolution with the politics of individual self-reform and cultural elevation, leading to a depoliticization of the country's political culture in the very years that Kim Il Sung rose to power.

Social Policy has been a key dimension of dynamic economic growth in East Asia's 'little tigers' and is also a prominent strand of their responses to the financial crisis of the late 1990s. This systematic comparative analysis of social policy in the region focuses on the key sectors of education, health, housing and social security. It sets these sectoral analyses in wider contexts of debates about developmental states, the East Asian welfare model and globalization.

'Incisive and insightful, analytic and synthetic, Jacques Hersh's excellent book is like a guide through the maze of modern times.' Stuart Holland, European University Institute, Florence. The book offers an interpretation of the international political economy focusing on the opportunities and constraints which the leading members of the capitalist system have to confront. Not disregarding the significance of the presently marginalised Third World, the underlying theme relates to the secular tendency of uneven development between major core nations. This trend accelerated during the era of US 'benevolent hegemony', resulting in the creation of surplus production capacity: a problem exacerbated by the growth of the NICs in East Asia.

In Drums of War, Drums of Development, Jim Glassman analyses the geopolitical economy of industrial development in East and Southeast Asia during the Vietnam War era, showing how it was shaped by the collaborative planning of US and Asian elites. Challenging both neo-liberal and neo-Weberian accounts of East Asian development, Glassman offers evidence that the growth of industry (the 'East Asian miracle') was deeply affected by the geopolitics of war and military spending (the 'East Asian massacres'). Thus, while Asian industrial development has been presented as providing models for emulation, Glassman cautions that this industrial dynamism was a product of Pacific ruling class manoeuvring which left a contradictory legacy of rapid growth, death, and ongoing challenges for development and democracy. Shortlisted for the 2019 Deutscher Memorial Prize