DengÕs Revolution:
China since 1978

á
Why has China experienced rapid industrialization since
1978? What are the consequences,
domestic and global, of ChinaÕs remarkable growth?
á
Why has the Chinese Communist Party managed to maintain
control despite ChinaÕs economic transformation and the growth of the private
sector?
Key Terms:
1)
Deng Xiaoping
2)
Four Modernizations
3)
Household Responsibility System
4)
Special Economic Zones (SEZs)
5)
ÒOne Country, Two SystemsÓ
6)
ÒState CapitalismÓ
7)
Tiananmen Square
8)
Kelle Tsai, Capitalism without Democracy
I.
Introduction: ChinaÕs Third
Revolution?
á
10% Annual Growth Rate
á
GDP 1978 c. $100
billion
2008 c. 4.4 trillion ($8.8
trillion PPP) vs. USA - $13.8
trillion
á
Trade Surplus
with United States
o
1990 $10 billon
o
2007 $250+ billion
á
ChinaÕs
Currency Reserves (c. $2 trillion)
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ChinaÕs Oil
Consumption (vs.
USA)
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Infrastructure (Physical, Technological, Human)
o The WorldÕs Biggest Ferris Wheel (November 6, 2007)
II. The Triumph of the Pragmatists: Deng XiaopingÕs Reforms
á
Deng
Xiaoping (1904-1997)
o
Veteran Communist,
Persecuted
ÒReactionaryÓ
o
Rehabilitation by Mao (1972)
o
The
Man Behind the Scenes (1978-1997)
á
The Four Modernizations (Or: Whatever Works, Call it Socialism)
o
Agriculture
o
Industry
o
Science & Technology
o
Military
á
Devolution of Economic Decision Making, Market Mechanisms
á
The Household Responsibility System (1978) and the End of
the Commune
á
Factories, Entrepreneurs, and the Growth of Market
Capitalism
á
Foreign Investment (Special
Economic Zones, SEZs)
á
Foreign Policy and US-Chinese Rapproachement
o
Taiwan and US ÒOne China PolicyÓ
o
Hong
Kong and ÒOne Country, Two SystemsÓ (1997)
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ÒState CapitalismÓ:
China and The Asian Model of Development
III. Capitalism without Democracy
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Modernization Theory and Democratization
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Deng and the One-Party State
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Tiananmen
Square Demonstrations and DengÕs
Response (April-June, 1989)
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The Success of ChinaÕs ÒGoulashÓ (Lo Mein?) Communism
á
Kelle Tsai, Capitalism
without Democracy: The Private Sector in Contemporary China
á
ChinaÕs Bourgeoisie and Educated Youth: Not interested in Democracy?
IV. The Problems of Success
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The Environment
and Population
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Wealth Inequality, Class Society, and Urban vs. Rural
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A Government Overwhelmed?