An article by Assistant Professor of Sociology Xiaoshuo Hou, titled "From Mao to the Market: Community Capitalism in Rural China," has been published in the March 2011 issue of the journal Theory, Culture & Society.
The abstract states, "China is undergoing tremendous social and economic transformations with different local innovations and variations. By comparing and contrasting three industrial villages in China demonstrating different mixes along the organizational continuum from market economy to collectivist economy, this article offers an alternative model of development that combines market production and distribution with redistribution and the building of public goods based on group boundaries. This alternative market activity is named community capitalism, a concept that has the potential to mitigate the sharp dichotomy between state socialism and market economy. The article also argues that, in order to fully understand the process of China's transition, it is necessary to take into account not only the economic and political institutions, but also the local cultural, social and political resources. It is the interaction and mixes of the two that determine the path of development local communities embark on."
Theory, Culture & Society is a peer-reviewed journal that publishes original research and review articles in the social and cultural sciences, providing "a forum for articles which theorize the relationship between culture and society."
Theory, Culture & Society web site
Posted: May 13, 2011