Confucian Capitalism

Confucian Capitalism
Author: John H. Sagers
Publisher: Springer
Total Pages: 245
Release: 2018-07-20
Genre: Business & Economics
ISBN: 3319763725

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With the life story of Shibusawa Eiichi (1840–1931), one of the most important financiers and industrialists in modern Japanese history, as its narrative focal point, this book explores the challenges of importing modern business enterprises to Japan, where the pursuit of profit was considered beneath the dignity of the samurai elite. Seeking to overturn the Tokugawa samurai-dominated political economy after the Meiji Restoration, Shibusawa was a pioneer in introducing joint-stock corporations to Japan as institutions of economic development. As the entrepreneurial head of Tokyo’s Dai-Ichi Bank, he helped launch modern enterprises in such diverse industries as banking, shipping, textiles, paper, beer, and railroads. Believing businesses should be both successful and serve the national interest, Shibusawa regularly cautioned against the pursuit of profit alone. He insisted instead on the ‘unity of morality and economy’ following business ethics derived from the Confucian Analects. A top leader in Japan’s business community for decades, Shibusawa contributed to founding the Tokyo Stock Exchange, the Tokyo Chamber of Commerce, and numerous educational and philanthropic organizations to promote his vision of Confucian capitalism. This volume marks an important contribution to the international debate on the extent to which capitalist enterprises have a responsibility to serve and benefit the societies in which they do business. Shibusawa's story demonstrates that business, government, trade associations, and educational institutions all have valuable roles to play in establishing a political economy that is both productive and humane.

Confucian Capitalism

Confucian Capitalism
Author: Souchou Yao
Publisher: Routledge
Total Pages: 198
Release: 2013-01-11
Genre: Business & Economics
ISBN: 1136128026

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The discourse of Confucian Capitalism has been crucial in shaping our understanding of the brilliant economic successes of the Chinese diaspora all over the world. From this perspective, hard work, family values, and communal cohesion, as well as business practices based on sentiment, trust, and social networks, are the legendary means of explaining the wealth and commercial talent of these remarkable people. The book examines the subject of Chinese business' by exposing the enduring myth about the determining effects of these values and practices supposedly derived from Confucianism. Such myth relies on an ahistorical and essentialised notion of Chinese Culture', and brings into focus three sites of controversy: the economically driven Chinese subject, work-place relations characterised by consensus and cultural sharing, and an operating ethos of collectivist, pre-capitalist sociality. In its interrogation of the discourse of Confucian capitalism, it is the aim of this book to arrive at a critically informed and socially realistic understanding of Chinese business. The author combines abstract analysis with examples from anthropological fieldwork among Chinese traders in Sarawak, East Malaysia. By anchoring theoretical discussion to real case-studies, the multi-disciplinary approach of this book offers a useful insight into Chinese business activities, and contributes to current debates in cultural studies, economic anthropology, the economic performance of overseas Chinese, and neo-Confucian societies more generally.

The Spirit of Chinese Capitalism

The Spirit of Chinese Capitalism
Author: Gordon Redding
Publisher: Walter de Gruyter
Total Pages: 284
Release: 2013-02-06
Genre: Business & Economics
ISBN: 3110887703

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Confucianism for the Contemporary World

Confucianism for the Contemporary World
Author: Tze-ki Hon
Publisher: State University of New York Press
Total Pages: 306
Release: 2017-08-28
Genre: Philosophy
ISBN: 1438466528

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Condemned during the Maoist era as a relic of feudalism, Confucianism enjoyed a robust revival in post-Mao China as China's economy began its rapid expansion and gradual integration into the global economy. Associated with economic development, individual growth, and social progress by its advocates, Confucianism became a potent force in shaping politics and society in mainland China, Hong Kong, Taiwan, and overseas Chinese communities. This book links the contemporary Confucian revival to debates—both within and outside China—about global capitalism, East Asian modernity, political reforms, civil society, and human alienation. The contributors offer fresh insights on the contemporary Confucian revival as a broad cultural phenomenon, encompassing an interpretation of Confucian moral teaching; a theory of political action; a vision of social justice; and a perspective for a new global order, in addition to demonstrating that Confucianism is capable of addressing a wide range of social and political issues in the twenty-first century.

Confucian Traditions in East Asian Modernity

Confucian Traditions in East Asian Modernity
Author: Weiming Tu
Publisher: Harvard University Press
Total Pages: 436
Release: 1996
Genre: Business & Economics
ISBN: 9780674160873

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Seventeen scholars from varying fields here consider the implications of Confucian concerns--self-cultivation, regulation of the family, social civility, moral education, well-being of the people, governance of the state, and universal peace--in industrial East Asia.

Confucianisms for a Changing World Cultural Order

Confucianisms for a Changing World Cultural Order
Author: Roger T. Ames
Publisher: University of Hawaii Press
Total Pages: 290
Release: 2017-11-30
Genre: Religion
ISBN: 0824872584

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In a single generation, the rise of Asia has precipitated a dramatic sea change in the world’s economic and political orders. This reconfiguration is taking place amidst a host of deepening global predicaments, including climate change, migration, increasing inequalities of wealth and opportunity, that cannot be resolved by purely technical means or by seeking recourse in a liberalism that has of late proven to be less than effective. The present work critically explores how the pan-Asian phenomenon of Confucianism offers alternative values and depths of ethical commitment that cross national and cultural boundaries to provide a new response to these challenges. When searching for resources to respond to the world’s problems, we tend to look to those that are most familiar: Single actors pursuing their own self-interests in competition or collaboration with other players. As is now widely appreciated, Confucian culture celebrates the relational values of deference and interdependence—that is, relationally constituted persons are understood as embedded in and nurtured by unique, transactional patterns of relations. This is a concept of person that contrasts starkly with the discrete, self-determining individual, an artifact of eighteenth- and nineteenth-century Western European approaches to modernization that has become closely associated with liberal democracy. Examining the meaning and value of Confucianism in the twenty-first century, the contributors—leading scholars from universities around the world—wrestle with several key questions: What are Confucian values within the context of the disparate cultures of China, Japan, Korea, and Vietnam? What is their current significance? What are the limits and historical failings of Confucianism and how are these to be critically addressed? How must Confucian culture be reformed if it is to become relevant as an international resource for positive change? Their answers vary, but all agree that only a vital and critical Confucianism will have relevance for an emerging world cultural order.

Commerce and Capitalism in Chinese Societies

Commerce and Capitalism in Chinese Societies
Author: Gary G. Hamilton
Publisher: Routledge
Total Pages: 649
Release: 2006-05-24
Genre: Business & Economics
ISBN: 1134729367

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This informative book discusses the effects of the rise of Chinese capitalism on both China itself, and on its neighbours. Incorporating empirical data collated from interviews in several Asian societies and from historical Chinese sources, this renowned author analyzes, discusses and applies an institutional approach derived from the writings of Max Weber to explore the various aspects of Chinese economic practice. Consisting of sixteen articles that come together to provide historical, comparative and theoretically informed perspectives on the spread of Chinese capitalism, this collection emphasizes the difference between Western and Chinese forms of capitalism. Including sections on China's pre-industrial economy as well as the growth of modern Chinese capitalism, this collection will be a valuable resource for students of Asian and Chinese studies as well as those concerned with the economics of Chinese societies.

The Future of Chinese Capitalism

The Future of Chinese Capitalism
Author: Gordon Redding
Publisher: OUP Oxford
Total Pages: 288
Release: 2010-01-07
Genre: Business & Economics
ISBN: 0191647926

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Much has been said about the re-emergence of China to its historical position of eminence in the world economy, yet little is understood about the kind of economic system China is evolving. What are the rules of the game of business in today's China, and how are they likely to change over the next decades? The answers to these questions are crucial to business persons formulating strategy toward China, but also for policy-makers concerned with retaining the competitiveness of their nations in the face of Chinese competition and for researchers seeking to gain deeper insights into the workings of economic systems and institutional change. Written by two leading experts in the field, this book sheds much-needed light on these questions. Building on recent conceptual and empirical advances, and rich in concrete examples, it offers a comprehensive and systematic exploration of present-day Chinese capitalism, its component parts, and their interdependencies. It suggests that Chinese capitalism, as practiced today, in many respects represents a development from traditional business practices, whose revival has been greatly aided by the influx of investments and managerial talent from the Regional Ethnic Chinese. On the basis of present trends in the Chinese economy as well as through comparison with five major types of capitalism - those of France, Germany, Japan, Korea, and the United States - the book derives a prediction of the probable development paths of Chinese capitalism and its likely competitive strengths and weaknesses.

Ethnic Business

Ethnic Business
Author: Brian C. Folk
Publisher: Routledge
Total Pages: 264
Release: 2013-03-07
Genre: Business & Economics
ISBN: 1134389310

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The role of ethnic Chinese business in Southeast Asia in catalyzing economic development has been hotly debated - and often misunderstood - throughout cycles of boom and bust. This book critically examines some of the key features attributed to Chinese business: business-government relations, the family firm, trust and networks, and supposed 'Asian' values. The in-depth case studies that feature in the book reveal considerable diversity among these firms and the economic and political networks in which they manoeuvre. With contributions from leading scholars and under the impressive editorship of Jomo and Folk, Ethnic Business is a well-written, important contribution to not only students of Asian business and economics, but also professionals with an interest in those areas.

Confucianism for the Modern World

Confucianism for the Modern World
Author: Daniel A. Bell
Publisher: Cambridge University Press
Total Pages: 404
Release: 2003-09-08
Genre: History
ISBN: 9780521527880

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While Confucian ideals continue to inspire thinkers and political actors, discussions of concrete Confucian practices and institutions appropriate for the modern era have been conspicuously absent from the literature thus far. This volume represents the most cutting edge effort to spell out in meticulous detail the relevance of Confucianism for the contemporary world. The contributors to this book--internationally renowned philosophers, lawyers, historians, and social scientists--argue for feasible and desirable Confucian policies and institutions as they attempt to draw out the political, economic, and legal implications of Confucianism for the modern world.