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When Deng Xiaoping launched China on the path to economic reform in the late 1970s, he vowed to build socialism with Chinese characteristics. More than three decades later, China s efforts to modernize have yielded something very different from the working people s paradise Deng envisioned: an incipient kleptocracy, characterized by endemic corruption, soaring income inequality, and growing social tensions. China s Crony Capitalism traces the origins of China s present-day troubles to the series of incomplete reforms from the post-Tiananmen era that decentralized the control of public property without clarifying its ownership. Beginning in the 1990s, changes in the control and ownership rights of state-owned assets allowed well-connected government officials and businessmen to amass huge fortunes through the systematic looting of state-owned property in particular land, natural resources, and assets in state-run enterprises. Mustering compelling evidence from over two hundred corruption cases involving government and law enforcement officials, private businessmen, and organized crime members, Minxin Pei shows how collusion among elites has spawned an illicit market for power inside the party-state, in which bribes and official appointments are surreptitiously but routinely traded. This system of crony capitalism has created a legacy of criminality and entrenched privilege that will make any movement toward democracy difficult and disorderly. Rejecting conventional platitudes about the resilience of Chinese Communist Party rule, Pei gathers unambiguous evidence that beneath China s facade of ever-expanding prosperity and power lies a Leninist state in an advanced stage of decay. "

Why does knowing that so many dentists are named Dennis improve your persuasive prowess? When Elliott Cruz first courted struggling single mom Karen Ames, it it was a romance worthy of any Sweet Magnolia fantasy. The sexy personal trainer made it his mission to restore Karen's strengthphysical and emotionaland to charm her children. Now, a few years into the marriage, colliding dreams threaten to tear a few years China's Crony Capitalism: The Dynamics of Regime Decay download PDF into the marriage, colliding dreams threaten to tear them them apart. Elliott's desire to finance the business opportunity of a lifetime with their hard-earned "baby money" stirs Karen's deep-rooted financial insecurities. It's the discovery that their brother-in-law is cheating on Elliott's sisterand thinks it's justifiedthat puts their irreconcilable differences into perspective. Will their own loving fidelity be a bond so strong they can triumph against all odds? "

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Author: Minxin Pei
Number of Pages: 316 pages
Published Date: 14 Oct 2016
Publisher: HARVARD UNIVERSITY PRESS
Publication Country: Cambridge, Mass, United States
Language: English
ISBN: 9780674737297
Download Link: Click Here
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