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In many respects, the specifically Chinese way of transition from the planned to the market economy contradicts … the Chinese transition followed a trajectory which maintained high levels of coordination efficiency, in particular with …
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This chapter proposes a geocentric turn in economics that aims at radically transforming the performative functions of economics in contemporary capitalism: Inspired by an expression of John Stuart Mill, I outline the idea of the Earth as a ‘community of advantage’. The argument proceeds in...
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The concepts of quot;social capitalquot; and quot;networksquot; gain increasing acceptance even in core branches of economics as growth theory and international trade. International organizations have begun to condition credit approval on the availability of social capital in lender communities....
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In many analyses of the Chinese so-called economic miracle, cultural factors loom large. This paper offers a brief overview of recent economic approaches to culture and puts these into an analytical framework that highlights the dynamic and creative aspects of culture. I argue that China is a...
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