Lecture 18 Feb 12 08 China and Japan

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Lecture #18 China and Japan feb 12, 08
SLIDE #1: Models of Political Economy
- Anglo-American (capital accumulation by way of market)
- Continental (capital accumulation by way of ¯universal° banks)
- Late developers (capital accumulation by state)
- ¯The Great Leap Forward° forcing peasants to make steels.
- Proletarian Revolution in 1977.
- Now China has been growing for the last 20 years for 10-20%.
- Giant Changes: 200 million ppl have been lifted out of poverty.
- 80-85% of ppl still lived in rural areas.
- small middle-class
- ruled by the Chinese communist party, in favour of socialism; no official break of communist past,
execute ppl from political crimes
- still a one party political dictatorship
- june 1989, tianamen square a democracy movement surrounded by the students, Chinese army
killed students and arrested them.
Slide @: Anglo-American VS Continental
- Pluralist VS corporalist. One based on competition, the other based on negotiations of peak
- Pluralist: economic and social policies driven by interest groups
SLIDE #3: Pluralism
- In the pluralist model: policies are hashed out on the parliamentary floor by parties that
compete for votes: based on conflict and competition
- USA, UK, Canada
SLIDE #4: Corporatism
- Societies are organized in to peak associataions (unions, employer, association) These
groups sit down and geotiation all the major parameters of economic social policy
- Fights are suppose to be kept off th eeparliametary floor: legacy of the depression, radicalism,
- In fact, parliament doesn¬t matter that much
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