According to The Annual Economic Fiscal Report (July 2004) prepared by the Ministry of Economic and Fiscal Policy, the Japanese economy is recovering from the prolonged stagnation that began with the bursting of the financial bubble in 1990-91. This recovery started at the beginning of 2002. It is characterized by the restored increase of both profitability and spending on plant and equipment in the private business sector and an increase in demand from abroad, while public spending (like public works) has been rather held down. In the fiscal year 2003 (up through March 2004) for instance, the Japanese real Gross Domestic Product (GDP) was said to have grown by 3.2 percent. Contributions to this growth rate came from the growth of domestic demand in the private sector (2.9 percent) and the growth of foreign demand (0.8 percent), offset by a mild decline in government spending (minus 0.6 percent). The annualized rate of GDP growth in the quarter January-March 2004 was said to have reached 5.6 percent and especially encouraged the official expectation of a strong economic recovery | more…
In recent years, China has become a major actor in the global economy, making a remarkable switch from a planned and egalitarian socialism to a simultaneously wide-open and tightly controlled market economy. Against the establishment wisdom, Minqi Li argues in this provocative and startling book that far from strengthening capitalism, China’s full integration into the world capitalist system will, in fact and in the not too distant future, bring about its demise. | more…
With a population of over a billion, approaching that of China, and an economic growth rate above the world average, India is now frequently identified as one of the prospective great powers of the twenty-first century. The purpose of this article is to question this prognosis, as the conditions necessary for India to become a great modern power seem to me far from assured. | more…
The Unknown Cultural Revolution challenges the established narrative of China’s Cultural Revolution, which assumes that this period of great social upheaval led to economic disaster, the persecution of intellectuals, and senseless violence. Dongping Han offers a powerful account of the dramatic improvements in the living conditions, infrastructure, and agricultural practices of China’s rural population that emerged in this period. Drawing on extensive local interviews and records in rural Jimo County, in Shandong Province, Han shows that the Cultural Revolution helped overthrow local hierarchies, establish participatory democracy and economic planning in the communes, and expand education and public services, especially for the elderly. Han lucidly illustrates how these changes fostered dramatic economic development in rural China. | more…
In 1995 a foreign reporter interviewed me about Mao. She sought me out as someone who had met the man in person and openly admired him over the years. She asked, “What about all the people he killed? What about all those famine deaths? And what about all the suffering and destruction of people in the Cultural Revolution?” With these questions she lined herself up with the current media line on Mao, the line of conventional wisdom, which is to present him as a monster—Mao, the monster. The usually more enlightened BBC reached a new low that week with their Mao centenary program. It made him out to be not only a monster but also a monstrous lecher far gone into orgies with teenage girls. Such a low level of attack! It cheapened the BBC and should have backfired, but you never can tell these days | more…
We regret to announce the death of William Hinton, one of the greatest fighters for Chinese socialism (and socialism in general) in the 20th century, and a beloved member of the MR family. This fall we will publish one of his last public lectures on the role of Mao Zedong. What follows is a tribute written by Monthly Review Foundation board director, John Mage, posted earlier on the MR Web site
We depart this year from our usual practice for MR’s July–August double issue. Instead of a collection of articles on a common theme, we are devoting the issue to a single manuscript—a study of China and economic development theory by Martin Hart-Landsberg and Paul Burkett that will be published in book form by Monthly Review Press early next year. Although there are numerous books on China, this one is especially worthy. It is a careful, clear, well-grounded Marxist study of how a major post-revolutionary society turned away from socialism. In addition, the current transformation in China throws light on why capitalism, by its very nature, creates poverty, inequality, and ecological destruction in the process of economic growth. | more…
China and socialism…during the three decades following the 1949 establishment of the People’s Republic of China (PRC), it seemed as if these words would forever be joined in an inspiring unity. China had been forced to suffer the humiliation of defeat in the 1840-42 Opium War with Great Britain and the ever-expanding treaty port system that followed it. The Chinese people suffered under not only despotic rule by their emperor and then a series of warlords, but also under the crushing weight of imperialism, which divided the country into foreign-controlled spheres of influence. Gradually, beginning in the 1920s, the Chinese Communist Party led by Mao Zedong organized growing popular resistance to the foreign domination and exploitation of the country and the dictatorship of Chiang Kai-shek. The triumph of the revolution under the leadership of the Chinese Communist Party finally came in 1949, when the party proclaimed it would bring not only an end to the suffering of the people but a new democratic future based on the construction of socialism | more…
More than forty years after its initial publication, it is a rare, concrete record of social struggle and transformation, as witnessed by a participant. Fanshen continues to offer profound insight into the lives of peasants and China’s complex social processes. Rediscover this classic volume, which includes a new preface by Fred Magdoff. | more…
On April 3, 1999, a one-day conference, “Understanding China’s Revolution: a Celebration of William Hinton’s Lifework” was held at Columbia University to celebrate his eightieth birthday. At the conclusion of the conference, organized by China Study Group and cosponsored by Monthly Review and Columbia’s East Asian Institute, Hinton gave an impromptu talk on the background to the writing of Fanshen: A Documentary of Revolution in A Chinese Village. The talk was transcribed and we publish its text here, as revised by Hinton in October 2002 | more…
Through a Glass Darkly is William Hinton’s final book. It draws on a lifetime of immersion in contemporary Chinese politics and society, beginning with the seven years he spent in China, working mainly in agriculture and land reform, until 1953. On his return to the United States in that year, Hinton first encountered the distortions and misrepresentations of the Chinese Revolution that he examines in this book. | more…
Helen Praeger Young, Choosing Revolution: Chinese Women Soldiers on the Long March (Urbana and Chicago: University of Illinois Press, 2001) 282 pages, $35, hardcover.
Coming of age in the new China, I heard and read abundant stories about the 25,000 li Long March. Films, plays, and operas during the first two decades of the People’s Republic showed the heroic deeds performed by the Red Army soldiers as well as the bravery and tenacity they displayed in their fight against the Nationalist enemy, local despots and bandits, and in overcoming the unimaginable hardships on the march, especially when they crossed the grasslands and climbed over the snow mountains. Those are great stories, touching, inspiring, and educating. Yet, they sometimes seem so far away and unattainable | more…
