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Compradore
A comprador or compradore () is a "person who acts as an agent for foreign organizations engaged in investment, trade, or economic or political exploitation". A comprador is a native manager for a European business house in East and South East Asia, and, by extension, social groups that play broadly similar roles in other parts of the world. Etymology The term ''comprador'', a Portuguese word that means ''buyer'', derives from the Latin ''comparare'', which means ''to procure''. The original usage of the word in East Asia meant a native servant in European households in Guangzhou in southern China or the neighboring Portuguese colony at Macao that went to market to barter their employers' wares. The term then evolved to mean the native contract suppliers who worked for foreign companies in East Asia or the native managers of firms in East Asia. Compradors held important positions in southern China buying and selling tea, silk, cotton and yarn for foreign corporations and working i ...
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Robert Hotung
Sir Robert Ho Tung Bosman, (22 December 1862 – 26 April 1956), also known as Sir Robert Ho Tung, was a businessman and philanthropist in British Hong Kong. Known as "the grand old man of Hong Kong" (), he was knighted in 1915 (Knight Bachelor) and 1955 ( KBE). Biography Ho Tung was Eurasian. His father, Charles Henry Maurice Bosman (1839–1892), was of Dutch Jewish ancestry, while his mother was Sze Tai (施娣), a Chinese woman of Poon (Bao'an) County (present-day Hong Kong and Shenzhen) heritage. His father was a merchant who owned Bosman and Co., was part-owner of the Hong Kong Hotel that opened in 1868, and was a director of the Hong Kong and Whampoa Dock Company. By 1869, Charles Bosman was also the Dutch consul, running his own marine insurance business with important clients that included the British-owned trading conglomerate Jardine, Matheson & Co.
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Hong (business)
A ''hong'' () originally designates both a type of building and a type of Chinese merchant intermediary in Guangzhou (formerly known as Canton), Guangdong, China, in the 18–19th century, specifically during the Canton System period. Guangzhou The name ''hong'' () originally referred to the row of factories built outside of the city walls of Guangzhou 广州 (Canton), near the Pearl River. The Thirteen Factories were used during the Canton System period to host foreign traders and the products purchased, under the aegis of the '' cohong''. The Hong (or Factories) were usually owned by hong merchants such as Pan Zhencheng (Poankeequa 1). The Guangzhou Hong changed location several times after fires, and became less important after the First Opium War (18391842), as Guangzhou lost its monopoly of foreign trade and Hong Kong was ceded to the British as a colony. Hong Kong In Hong Kong, the name ''hong'' designated major business houses. One of the earliest foreign hongs ...
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Information Technology In India
The information technology industry in India comprises information technology services, consulting, and outsourcing. The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022. The IT and BPM industries' revenue is estimated at $227 billion in FY 2022. The domestic revenue of the IT industry is estimated at $49 billion, and export revenue is estimated at $178 billion in FY 2022. The IT–BPM sector overall employs 5 million people as of March 2022. The Indian IT–BPM industry has the highest employee attrition rate. In recent years the industry has been witnessing skyrocketing resignations cutting across hierarchy. As a global outsourcing hub, the Indian IT industry benefits from lower cost of living and the consequent cheaper labour. As IT–BPM sector evolves, many are concerned that artificial intelligence (AI) will drive significant automation and destroy jobs in the coming years. The United States accounts for two-thirds of India's IT services exports. Th ...
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Ashok Mitra
Ashok Mitra (10 April 1928 – 1 May 2018) was an Indian economist and Marxist politician. He was a chief economic adviser to the Government of India and later became finance minister of West Bengal and a member of the Rajya Sabha. Early life and education After completing his graduation from the Dhaka University, University of Dacca, he came to India following the partition of India in 1947. Although he attended postgraduate classes in economics at the University of Calcutta, he was refused admission there. He moved to Banaras Hindu University where he earned an M.A. in economics. He joined the newly established Delhi School of Economics in the early 1950s. Later, he attended the Institute of Social Studies in the Netherlands. Under the guidance of Professor Jan Tinbergen of the Hogeschool Rotterdam, Erasmus University Rotterdam, he was awarded a doctorate in economics there in 1953. Career Academic Mitra taught as a lecturer in economics at the University of Lucknow for two y ...
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Samir Amin
Samir Amin ( ar, سمير أمين) (3 September 1931 – 12 August 2018) was an Egyptian-French Marxian economist, political scientist and world-systems analyst. He is noted for his introduction of the term Eurocentrism in 1988 and considered a pioneer of Dependency Theory. Biography Amin was born in Cairo, the son of a French mother and an Egyptian father (both medical doctors). He spent his childhood and youth in Port Said; there he attended a French high school, leaving in 1947 with a Baccalauréat. It was at high school that Amin was first politicized when, during the Second World War, Egyptian students were split between communists and nationalists; Amin belonged to the former group. By then Amin had already adopted a resolute stance against fascism and Nazism. While the upheaval against British domination in Egypt informed his politics, he rejected the idea that the enemy of their enemy, Nazi Germany, was the Egyptians' friend. In 1947 Amin left for Paris where he obta ...
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Developing World
A developing country is a sovereign state with a lesser developed industrial base and a lower Human Development Index (HDI) relative to other countries. However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category. The term low and middle-income country (LMIC) is often used interchangeably but refers only to the economy of the countries. The World Bank classifies the world's economies into four groups, based on gross national income per capita: high, upper-middle, lower-middle, and low income countries. Least developed countries, landlocked developing countries and small island developing states are all sub-groupings of developing countries. Countries on the other end of the spectrum are usually referred to as high-income countries or developed countries. There are controversies over this term's use, which some feel it perpetuates an outdated concept of "us" and "them". In 2015, the World Bank declared th ...
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Globalization
Globalization, or globalisation (English in the Commonwealth of Nations, Commonwealth English; American and British English spelling differences#-ise, -ize (-isation, -ization), see spelling differences), is the process of foreign relations, interaction and integration among people, companies, and governments worldwide. The term ''globalization'' first appeared in the early 20th century (supplanting an earlier French term ''mondialization''), developed its current meaning some time in the second half of the 20th century, and came into popular use in the 1990s to describe the unprecedented international connectivity of the Post-Cold War era, post-Cold War world. Its origins can be traced back to 18th and 19th centuries due to advances in transportation and Information and communications technology, communications technology. This increase in global interactions has caused a growth in international trade and the exchange of ideas, beliefs, and culture. Globalization is primari ...
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Slobodan Antonić
Slobodan Antonić (; born 19 May 1959) is a Serbian political scientist, sociologist and university professor. Biography Antonić was born in 1959 in Belgrade which at that time was a part of the Socialist Federal Republic of Yugoslavia. He graduated in 1982 and received his master's degree in 1988 from the Faculty of Political Sciences at the University of Belgrade on the topic ''Contribution to the Critique of Historical Materialism as a Philosophy of History''. He prepared and defended his doctoral dissertation on ''Theoretical and Methodological Problems of Studying the Evolution of Suburban Societies'' at the Department of Sociology of the Faculty of Philosophy in Belgrade in 1995, where he teaches general sociology, power theory and contemporary political theory. He worked as a researcher at the Institute for Political Studies in Belgrade (1990–1996), taught sociology at the Faculty of Philosophy in Novi Sad (1996–2001), and since 2001 has been employed at the Dep ...
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Marxists
Marxism is a left-wing to far-left method of socioeconomic analysis that uses a materialist interpretation of historical development, better known as historical materialism, to understand class relations and social conflict and a dialectical perspective to view social transformation. It originates from the works of 19th-century German philosophers Karl Marx and Friedrich Engels. As Marxism has developed over time into various branches and schools of thought, no single, definitive Marxist theory exists. In addition to the schools of thought which emphasize or modify elements of classical Marxism, various Marxian concepts have been incorporated and adapted into a diverse array of social theories leading to widely varying conclusions. Alongside Marx's critique of political economy, the defining characteristics of Marxism have often been described using the terms dialectical materialism and historical materialism, though these terms were coined after Marx's death and their t ...
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Mao Zedong
Mao Zedong pronounced ; also romanised traditionally as Mao Tse-tung. (26 December 1893 – 9 September 1976), also known as Chairman Mao, was a Chinese communist revolutionary who was the founder of the People's Republic of China (PRC), which he led as the chairman of the Chinese Communist Party from the establishment of the PRC in 1949 until his death in 1976. Ideologically a Marxist–Leninist, his theories, military strategies, and political policies are collectively known as Maoism. Mao was the son of a prosperous peasant in Shaoshan, Hunan. He supported Chinese nationalism and had an anti-imperialist outlook early in his life, and was particularly influenced by the events of the Xinhai Revolution of 1911 and May Fourth Movement of 1919. He later adopted Marxism–Leninism while working at Peking University as a librarian and became a founding member of the Chinese Communist Party (CCP), leading the Autumn Harvest Uprising in 1927. During the Chinese Civil Wa ...
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Bourgeoisie
The bourgeoisie ( , ) is a social class, equivalent to the middle or upper middle class. They are distinguished from, and traditionally contrasted with, the proletariat by their affluence, and their great cultural and financial capital. They are sometimes divided into a petty (), middle (), large (), upper (), and ancient () bourgeoisie and collectively designated as "the bourgeoisie". The bourgeoisie in its original sense is intimately linked to the existence of cities, recognized as such by their urban charters (e.g., municipal charters, town privileges, German town law), so there was no bourgeoisie apart from the citizenry of the cities. Rural peasants came under a different legal system. In Marxist philosophy, the bourgeoisie is the social class that came to own the means of production during modern industrialization and whose societal concerns are the value of property and the preservation of capital to ensure the perpetuation of their economic supremacy in society. ...
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Marxism
Marxism is a left-wing to far-left method of socioeconomic analysis that uses a materialist interpretation of historical development, better known as historical materialism, to understand class relations and social conflict and a dialectical perspective to view social transformation. It originates from the works of 19th-century German philosophers Karl Marx and Friedrich Engels. As Marxism has developed over time into various branches and schools of thought, no single, definitive Marxist theory exists. In addition to the schools of thought which emphasize or modify elements of classical Marxism, various Marxian concepts have been incorporated and adapted into a diverse array of social theories leading to widely varying conclusions. Alongside Marx's critique of political economy, the defining characteristics of Marxism have often been described using the terms dialectical materialism and historical materialism, though these terms were coined after Marx's death and their tenet ...
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