Community Capitalism in China The State, the Market, and Collectivism [Paperback]

Hou offers a 'both/and' perspective of the state, market, capitalism and communism by examining the local institutional innovation in China.The market and the state are often seen as two separate and incompatible institutions. This book offers the both/and perspective and discusses the intertwining of the economy, the state, and social relations. It focuses on three villages in China  Nanjie, Huaxi, and Shangyuan  that are industrialized and have collectively owned enterprises. Villagers become shareholders in these enterprises and receive social welfare benefits and/or dividends. These local institutional innovations are captured in what the author calls community capitalism, in which community is both an entity of resource mobilization and a basis for redistribution.The market and the state are often seen as two separate and incompatible institutions. This book offers the both/and perspective and discusses the intertwining of the economy, the state, and social relations. It focuses on three villages in China  Nanjie, Huaxi, and Shangyuan  that are industrialized and have collectively owned enterprises. Villagers become shareholders in these enterprises and receive social welfare benefits and/or dividends. These local institutional innovations are captured in what the author calls community capitalism, in which community is both an entity of resource mobilization and a basis for redistribution.This book proposes to end the dichotomous view of the state and the market, and capitalism and communism, by examining the local institutional innovation in three villages in China and presents community capitalism as an alternative to the neoliberal model of development. Community is both the unit of redistribution and the entity that mobilizes resources to compete in the market; collectivism creates the boundary that sets the community apart from the outside and justifies and sustains the model. Community capitalism differs from Mao-era collectivism, when individuallF