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A variety of capitalism … with Chinese characteristics?

Peck, Jamie, Zhang, Jun·2013·Journal of Economic Geography
DOI 10.1093/jeg/lbs058
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Abstract

The ‘varieties of capitalism’ framework represents an influential methodological innovation in the field of comparative political economy. It seeks to account for enduring spatial variations in national economic performance by recourse to macroinstitutional analysis, drawing ideal-type distinctions between liberal market economies, modeled on USA, and coordinated market economies, modeled on Germany. Moving beyond critiques of varieties literature—for instance, its methodological nationalism; its preoccupation with limited, formal registers of (national) institutional variety; its growing reliance on rational-choice, firm-centric methods; its failure to account for the pronounced interpenetration and mutual dependence of capitalist economies and its tendency to privilege typological elaboration over causal explanation—this article explores the critical (counter?) case of Chinese capitalism. It considers the extent to which the Chinese economy can be meaningfully characterized as capitalist; the character of its state form and recent development path and its position within—or beyond—conventional understandings of capitalist variety.

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Metadata

Authors
Peck, J., & Zhang, J.
Venue
Journal of Economic Geography
Publisher
Oxford University Press (OUP)
Published
2013-01-24
Volume
13
Issue
3
Pages
357-396
ISSN
  • 1468-2702 (ISSN-L)
  • 1468-2710
DOI
10.1093/jeg/lbs058
OpenAlex
W1971976569
Cited by
356
References
127
FWCI
127.45
Type
journal article
Language
en
Open access
closed

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