Annotated Bibliography on China's Political Economy
= focuses on understanding the more recent political economy and societal form of China (and how to understand it from a p2p/commons-centric perspective)
A 'collaboration' between Michel Bauwens and ChatGPT, initially inspired by 1Dime video booklist via How China Actually Works, and the Category:China on this wiki.
Key potential framing:
From a P2P Foundation perspective, Wen Tiejun and Cui are probably the most directly relevant to commons-transition research; Wang Hui is perhaps the richest resource for distributed hermeneutics and historical analysis; and Gan Yang is indispensable for understanding the civilizational dimension of China's evolving self-understanding. Together, they form a kind of Chinese counterpart to the intellectual ecology that has informed commons and peer-to-peer thinking in Europe and Latin America.
Directory
Core Contemporary Works
How China Escaped Shock Therapy
Weber, Isabella M. (2021). How China Escaped Shock Therapy: The Market Reform Debate. London: Routledge.
URL = https://www.isabellaweber.com/how-china-escaped-shock-therapy
Weber reconstructs the internal debates of the 1980s concerning China's transition from a planned economy. Contrary to the dominant Western narrative, she demonstrates that Chinese reformers did not simply "introduce markets." Rather, they debated whether to dismantle planning through rapid liberalization ("shock therapy") or to use planning institutions as instruments for market creation. The latter path prevailed. Weber argues that China's rise owes much to this gradualist approach, which preserved institutional capacity while selectively introducing market mechanisms.
This is perhaps the single most important book for commons-oriented readers. Weber implicitly rejects the neoliberal assumption that markets emerge spontaneously. Instead, she shows markets as institutional constructions requiring governance, trust, and coordination. Her account resonates strongly with:
- Karl Polanyi's notion of embedded markets;
- Elinor Ostrom's institutional analysis;
- commons-transition thinking;
- the P2P Foundation's emphasis on enabling infrastructures.
One might summarize her argument as:
Markets are governed commons before they become markets.
For distributed hermeneutics, Weber is valuable because she traces the encounter between Chinese statecraft traditions and modern economic theory, revealing a process of civilizational translation rather than simple adoption of Western economics.
The New China Playbook
Jin, Keyu. (2023). The New China Playbook: Beyond Socialism and Capitalism. New York: Viking.
URL = https://www.penguinrandomhouse.com/books/607973/the-new-china-playbook-by-keyu-jin/
Jin argues that China has developed a hybrid system that cannot be understood through conventional capitalist/socialist binaries. She emphasizes decentralized experimentation, local government entrepreneurship, adaptive policymaking, and strategic state guidance. The Chinese system emerges as a dynamic ecology of competing local experiments operating under broad national coordination.
Jin's framework often sounds surprisingly close to what complexity theorists describe as polycentric governance. Her China resembles:
- a massively distributed innovation network;
- coordinated experimentation;
- recursive feedback between center and periphery.
Readers familiar with commons governance may recognize parallels with Ostrom's polycentric systems.
The central state resembles a meta-governance layer rather than a command hierarchy.
How China Works
Lan, Xiaohuan. (2024). How China Works: An Introduction to China's State-Led Economic Development. Singapore: Springer.
URL = https://link.springer.com/book/10.1007/978-981-97-0080-6
Lan explains China's developmental model from inside the Chinese policy tradition. Rather than viewing government as merely regulating markets, he shows local governments acting as active participants in economic development through infrastructure, industrial policy, urbanization, and investment coordination.
Lan helps explain how Chinese governance differs from Western state-market dualism.
This resembles certain forms of "partner state" thinking developed within commons-transition theory.
The China Model
Bell, Daniel A. (2015). The China Model: Political Meritocracy and the Limits of Democracy. Princeton: Princeton University Press.
URL = https://press.princeton.edu/books/paperback/9780691173047/the-china-model
Bell defends the idea that China should be understood as a meritocratic political system rather than an incomplete democracy. He argues that the legitimacy of governance may derive from competence, performance, and administrative excellence rather than electoral competition.
Bell is valuable because he forces commons scholars to confront a difficult question:
Can legitimacy arise from demonstrated stewardship rather than representation?
Many commons institutions already operate according to mixed forms of meritocratic stewardship. Bell therefore provides an unexpected bridge between Chinese governance theory and Ostromian governance.
The Third Revolution
Economy, Elizabeth C. (2018). The Third Revolution: Xi Jinping and the New Chinese State. Oxford University Press.
URL = https://global.oup.com/academic/product/the-third-revolution-9780190866075
Economy argues that Xi Jinping represents a new phase in Chinese development characterized by renewed Party centrality, ideological consolidation, and strategic state power. She describes Xi as reversing aspects of the Deng era while preserving developmental dynamism.
The book is particularly useful for understanding tensions between:
- distributed experimentation vs recentralization;
- how digital governance relates to state capacity.
For commons scholars, it raises the question: How much central coordination can a polycentric system absorb before it loses adaptive capacity?
Authors inside China
Wang Hui
Wang Hui (2003). China's New Order: Society, Politics, and Economy in Transition. Cambridge, MA: Harvard University Press.
URL = https://www.hup.harvard.edu/books/9780674018532
Wang Hui (2009). The End of the Revolution: China and the Limits of Modernity. London: Verso.
URL = https://www.versobooks.com/products/758-the-end-of-the-revolution
Wang Hui is arguably the most influential public intellectual associated with China's contemporary New Left. His work emerged from reflection on the contradictions of the reform era, particularly growing inequality, regional disparities, labor precarity, and the erosion of collective institutions. Unlike Western critics who often interpret China through a liberal-versus-authoritarian framework, Wang argues that many of China's contemporary problems arise from its integration into global capitalism rather than from the persistence of socialism.
His central concern is modernity itself. He rejects both neoliberal triumphalism and nostalgic Maoism, seeking instead to recover suppressed traditions of collective politics while recognizing the achievements and failures of the revolutionary era. For Wang, China should not be understood as either a failed version of the West or a simple continuation of socialism, but as a unique historical formation shaped by successive encounters between empire, revolution, capitalism, and globalization.
Wang is perhaps the closest Chinese equivalent to a distributed hermeneutic thinker. He constantly reconstructs forgotten histories, alternative trajectories, and excluded voices. His method resembles what the P2P Foundation has called "plural histories of transition."
For commons researchers, Wang's importance lies in his insistence that neither market nor state should be treated as natural categories. Both are historical constructs whose forms depend on deeper social relations and cultural traditions.
Cui Zhiyuan
Cui, Zhiyuan (selected essays).
Representative collection URL = https://www.theorychina.org
Cui Zhiyuan is one of the most innovative economic thinkers in contemporary China. Drawing on sources as diverse as Karl Marx, James Meade, Joseph Schumpeter, and the Yugoslav self-management tradition, he argues that China should continue experimenting with institutional forms that transcend the conventional opposition between public and private ownership.
His work often focuses on mixed ownership systems, public shareholding arrangements, and mechanisms through which the benefits of economic growth can be socialized without suppressing innovation. He is particularly interested in institutional experimentation and frequently points to examples where local governments, cooperatives, state enterprises, and private firms interact in novel ways.
Unlike many Western observers who see China's hybrid institutions as transitional anomalies, Cui often treats them as potentially pioneering forms for the twenty-first century.
Among major Chinese intellectuals, Cui may be the closest to a commons-oriented institutional designer.
Many of his proposals resemble:
- commons trusts,
- social wealth funds,
- stakeholder ownership,
- cooperative governance.
One could view Cui as searching for institutional mechanisms capable of embedding peer production and social ownership within a complex modern economy.
Wen Tiejun
Wen, Tiejun (2016). Ten Crises: The Political Economy of China's Development (1949–2009). Beijing: China Renmin University Press.
English edition URL = https://www.foreignlanguages.press
Wen Tiejun is one of China's most important rural economists and one of the leading advocates of what has become known as the Rural Reconstruction Movement. His work begins from a simple observation: most narratives about China's rise focus on cities, industry, exports, and technology, while neglecting the countryside that absorbed the social costs of modernization.
In Ten Crises, Wen argues that China repeatedly navigated economic and political crises by mobilizing rural society as a stabilizing reservoir. The resilience of village institutions, collective land ownership, and local social networks helped prevent the kinds of systemic breakdown experienced elsewhere.
Wen is also a major advocate of ecological civilization and endogenous development. He argues that future development should emphasize local resilience, ecological restoration, cooperative organization, and community self-reliance rather than endless industrial expansion.
For commons scholars, Wen may be the most important Chinese thinker currently writing.
Many themes central to commons theory appear throughout his work:
- collective stewardship of land;
- community-based governance;
- local resilience;
- ecological regeneration;
- cooperative production;
- endogenous development.
His work often feels surprisingly close to degrowth scholarship and cosmo-local production theory.
If one were searching for a Chinese articulation of a commons transition, Wen would be among the first places to look.
Gan Yang
Gan, Yang (selected essays).
Representative discussions URL = https://www.readingthechinadream.com/gan-yang.html
Gan Yang is one of the most influential and controversial contemporary Chinese philosophers. He is best known for his theory of the "Three Traditions" (三统), which argues that modern China cannot be understood through any single ideological lens.
According to Gan, contemporary China is shaped by the continuing interaction of:
- Confucian civilization,
- the Maoist revolutionary legacy,
- the reform-and-opening era associated with Deng Xiaoping.
Rather than choosing among these traditions, Gan argues that China's future depends upon finding productive syntheses between them.
His work therefore represents a direct challenge to modernization theories that assume societies move from tradition to modernity in a linear fashion.
For Gan, modern China is not replacing older traditions; it is recombining them.
Gan is especially relevant for distributed hermeneutics.
His central insight is that civilizations are layered historical conversations rather than coherent ideological systems. Multiple traditions coexist, compete, and reinterpret one another across time.
One might even read Gan's "Three Traditions" as an example of civilizational peer production: a society continuously recombining inherited cultural resources to solve contemporary problems.
This resonates strongly with:
- distributed intelligence;
- dialogical universalism;
- plural ontologies;
- the P2P Foundation's notion of "universalism as negotiation."
Additional Essential Works
How China Escaped the Poverty Trap
Ang, Yuen Yuen. (2022 edition). How China Escaped the Poverty Trap. Cornell University Press.
URL = https://www.cornellpress.cornell.edu/book/9781501764561/how-china-escaped-the-poverty-trap
Ang challenges conventional development theories by showing how adaptive governance can emerge before ideal institutions exist. China's success came not from first building "good institutions," but from mobilizing existing resources through experimentation and local initiative.
Her central insight: Development emerges from adaptive systems, not blueprints.
The China Wave
Zhang Weiwei. (2012). The China Wave: Rise of a Civilizational State.
URL = http://www.zhangweiwei.net
Zhang argues that China is not merely a nation-state but a civilizational state with its own historical trajectory and political logic.
Useful as an example of contemporary Chinese self-understanding. Particularly important for distributed hermeneutics because it articulates an indigenous framework rather than translating China into Western categories.
Bibliography
Main List
A
Amin, Samir (2013). The Implosion of Contemporary Capitalism. New York: Monthly Review Press.
Ang, Yuen Yuen (2016). How China Escaped the Poverty Trap. Ithaca, NY: Cornell University Press.
Arrighi, Giovanni (2007). Adam Smith in Beijing: Lineages of the Twenty-First Century. London: Verso.
B
Bell, Daniel A. (2015). The China Model: Political Meritocracy and the Limits of Democracy. Princeton, NJ: Princeton University Press.
C
Cui, Zhiyuan. Various essays on socialist market economics, mixed ownership, and Chinese institutional innovation. Particularly relevant are his writings on the "socialist market economy" and alternative development paths.
E
Economy, Elizabeth C. (2018). The Third Revolution: Xi Jinping and the New Chinese State. New York: Oxford University Press.
G
Gan Yang. Selected essays on Chinese modernity, Confucian socialism, and the continuity of Chinese civilization.
Gilley, Bruce (1998). Tiger on the Brink: Jiang Zemin and China's New Elite. Berkeley: University of California Press.
J
Jabbour, Elias and Dantas, Alberto Gabriele (2022). China's Socialist Economic Development. London: Routledge.
Jin, Keyu (2023). The New China Playbook: Beyond Socialism and Capitalism. New York: Viking.
L
Lan, Xiaohuan (2024). How China Works: An Introduction to China's State-Led Economic Development. Singapore: Springer.
Losurdo, Domenico (2021). Western Marxism: How It Was Born, How It Died, How It Can Be Reborn. New York: Monthly Review Press.
Losurdo, Domenico (2015). Liberalism: A Counter-History. London: Verso.
W
Wang Hui (2003). China's New Order: Society, Politics, and Economy in Transition. Cambridge, MA: Harvard University Press.
Wang Hui (2009). The End of the Revolution: China and the Limits of Modernity. London: Verso.
Weber, Isabella M. (2021). How China Escaped Shock Therapy: The Market Reform Debate. London: Routledge.
Wen, Tiejun (various publications). Major works on rural reconstruction, ecological civilization, peasant economies, and endogenous development.
Z
Zhang, Weiwei (2012). The China Wave: Rise of a Civilizational State. Hackensack, NJ: World Century Publishing Corporation.
Additional Works Frequently Referenced in P2P Foundation Discussions of China
Ho, Peter (2005). Institutions in Transition: Land Ownership, Property Rights and Social Conflict in China. Oxford University Press.
Hung, Ho-fung (2015). The China Boom: Why China Will Not Rule the World. New York: Columbia University Press.
Naughton, Barry (2018). The Chinese Economy: Adaptation and Growth (2nd ed.). Cambridge, MA: MIT Press.
Pei, Minxin (2016). China's Crony Capitalism: The Dynamics of Regime Decay. Cambridge, MA: Harvard University Press.
Shambaugh, David (2008). China's Communist Party: Atrophy and Adaptation. Berkeley: University of California Press.
Vogel, Ezra F. (2011). Deng Xiaoping and the Transformation of China. Cambridge, MA: Harvard University Press.