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Discourses On Salt And Iron
The Discourses on Salt and Iron () was a debate held at the imperial court in 81 BCE on state policy during the Han dynasty in China. The previous emperor, Emperor Wu, had reversed the laissez-faire policies of his predecessors and imposed a wide variety of state interventions, such as creating monopolies on China's salt and iron enterprises, price stabilization schemes, and taxes on capital. These actions sparked a fierce debate as to the policies of the Emperor. After his death, during the reign of Emperor Zhao of Han, the regent Huo Guang called on all the scholars of the empire to come to the capital, Chang'an, to debate the government's economic policies. The debate was characterized by two opposing factions, the reformists and the modernists. The reformists were largely Confucian scholars who opposed the policies of Emperor Wu and demanded the abolition of the monopolies on salt and iron, an end to the state price stabilization schemes, and huge cuts in government expenditur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Han Dynasty
The Han dynasty (, ; ) was an Dynasties in Chinese history, imperial dynasty of China (202 BC – 9 AD, 25–220 AD), established by Emperor Gaozu of Han, Liu Bang (Emperor Gao) and ruled by the House of Liu. The dynasty was preceded by the short-lived Qin dynasty (221–207 BC) and a warring interregnum known as the ChuHan contention (206–202 BC), and it was succeeded by the Three Kingdoms period (220–280 AD). The dynasty was briefly interrupted by the Xin dynasty (9–23 AD) established by usurping regent Wang Mang, and is thus separated into two periods—the #Western Han, Western Han (202 BC – 9 AD) and the #Eastern Han, Eastern Han (25–220 AD). Spanning over four centuries, the Han dynasty is considered a golden age (metaphor), golden age in Chinese history, and it has influenced the identity of the History of China, Chinese civilization ever since. Modern China's majority ethnic group refers to themselves as the "Han Chinese, Han people", the Sinitic langu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corvée
Corvée () is a form of unpaid, forced labour, that is intermittent in nature lasting for limited periods of time: typically for only a certain number of days' work each year. Statute labour is a corvée imposed by a state for the purposes of public works. As such it represents a form of levy (taxation). Unlike other forms of levy, such as a tithe, a corvée does not require the population to have land, crops or cash. The obligation for tenant farmers to perform corvée work for landlords on private landed estates was widespread throughout history before the Industrial Revolution. The term is most typically used in reference to medieval and early modern Europe, where work was often expected by a feudal landowner (of their vassals), or by a monarch of their subjects. The application of the term is not limited to that time or place; the corvée has existed in modern and ancient Egypt, ancient Sumer, ancient Rome, China, Japan, everywhere in continental Europe, the Inc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salt In Chinese History
Salt, salt production, and salt taxes played key roles in Chinese history, economic development, and relations between state and society. The lure of salt profits led to technological innovation and new ways to organize capital. Debate over government salt policies brought forth conflicting attitudes toward the nature of government, private wealth, the relation between the rich and the poor, while the administration of these salt policies was a practical test of a government's competence. Because salt is a necessity of life, the salt tax (sometimes called the salt gabelle, after the French term for a salt tax) had a broad base and could be set at a low rate and still be one of the most important sources of government revenue. In early times, governments gathered salt revenues by managing production and sales directly. After innovations in the mid-8th century, imperial bureaucracies reaped these revenues safely and indirectly by selling salt rights to merchants who then sold t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crowding Out (economics)
In economics, crowding out is a phenomenon that occurs when increased government involvement in a sector of the market economy substantially affects the remainder of the market, either on the supply or demand side of the market. One type frequently discussed is when expansionary fiscal policy reduces investment spending by the private sector. The government spending is "crowding out" investment because it is demanding more loanable funds and thus causing increased interest rates and therefore reducing investment spending. This basic analysis has been broadened to multiple channels that might leave total output little changed or even smaller. Other economists use "crowding out" to refer to government providing a service or good that would otherwise be a business opportunity for private industry, and be subject only to the economic forces seen in voluntary exchange. Behavioral economists and other social scientists also use "crowding out" to describe a downside of solutions base ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wang Mang
Wang Mang () (c. 45 – 6 October 23 CE), courtesy name Jujun (), was the founder and the only emperor of the short-lived Chinese Xin dynasty. He was originally an official and consort kin of the Han dynasty and later seized the throne in 9 CE. The Han dynasty was restored after his overthrow, and his rule marked the separation between the Western Han dynasty (before Xin) and Eastern Han dynasty (after Xin). Traditional Chinese historiography viewed Wang as a tyrant and usurper, while more recently, some historians have portrayed him as a visionary and selfless social reformer. During his reign, he abolished slavery and initiated a land redistribution program. Though a learned Confucian scholar who sought to implement the harmonious society he saw in the classics, his efforts ended in chaos. Wang Mang's late reign saw large-scale peasant rebellions, most notably the revolt of the Red Eyebrows. In October 23 CE, the capital Chang'an was attacked and the imperial pal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sang Hongyang
Sang Hongyang ( Chinese: ; c. 152–80 BC) was a Chinese politician. He was a prominent official of the Han Dynasty, who served Emperor Wu of Han and his successor Emperor Zhao. He is famous for his economic policies during the reign of Emperor Wu, the best known of which include the state monopolies over iron and salt - systems which would be imitated by other dynasties throughout Chinese history. Due to political conflict, he was executed in 80 BC by Huo Guang (d. 68 BC). Sang was one of the participants in the debate of Salt and Iron which took place in 81 BC. Youth and Officialdom Sang Hongyang was born in Luoyang, one of the Han Dynasty's major commercial centres, to a family of merchants. In his youth, he was known for his mathematical prowess. When Emperor Wu ascended to the throne in 141 BC, Sang came to his notice and was eventually invited to become an Attendant (). This was one way which the Emperor gained and retained talented individuals in the palace, and by w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qin Dynasty
The Qin dynasty ( ; zh, c=秦朝, p=Qín cháo, w=), or Ch'in dynasty in Wade–Giles romanization ( zh, c=, p=, w=Ch'in ch'ao), was the first dynasty of Imperial China. Named for its heartland in Qin state (modern Gansu and Shaanxi), the Qin dynasty arose as a fief of the Western Zhou and endured for over five centuries until 221 BCE when it founded its brief empire, which lasted only until 206 BCE. It often causes confusion that the ruling family of the Qin kingdom (what is conventionally called a "dynasty") ruled for over five centuries, while the "Qin Dynasty," the conventional name for the first Chinese empire, comprises the last fourteen years of Qin's existence. The divide between these two periods occurred in 221 BCE when King Zheng of Qin declared himself the First Emperor of Qin, though he had already been king of Qin since 246 BCE. Qin was a minor power for the early centuries of its existence. The strength of the Qin state was greatly increased by the Le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Price Stabilization
Price fixing is an anticompetitive agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand. The intent of price fixing may be to push the price of a product as high as possible, generally leading to profits for all sellers but may also have the goal to fix, peg, discount, or stabilize prices. The defining characteristic of price fixing is any agreement regarding price, whether expressed or implied. Price fixing requires a conspiracy between sellers or buyers. The purpose is to coordinate pricing for mutual benefit of the traders. For example, manufacturers and retailers may conspire to sell at a common "retail" price; set a common minimum sales price, where sellers agree not to discount the sales price below the agreed-to minimum price; buy the product from a supplier at a specified maxi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hexi Corridor
The Hexi Corridor (, Xiao'erjing: حْسِ ظِوْلاْ, IPA: ), also known as the Gansu Corridor, is an important historical region located in the modern western Gansu province of China. It refers to a narrow stretch of traversable and relatively arable plain west of the Yellow River's Ordos Loop, flanked between the much more elevated and inhospitable terrains of the Mongolian and Tibetan Plateaus. The name ''Hexi'', refers to "west of the river". As part of the Northern Silk Road, running northwest from the western section of the Ordos Loop between Yinchuan and Lanzhou, the Hexi Corridor was the most important trade route in Northwest China. It linked China ''proper'' to the historic Western Regions for traders and military incursions into Central Asia. It is a string of oases along the northern edges of the Qilian Mountains and Altyn-Tagh, with the high and desolate Tibetan Plateau further to the south. To the north are the Longshou, Heli and Mazong Mountains se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization. Industries often subject to nationalization include the commanding heights of the economy – telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water – though, in many jurisdictions, many such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wu Wei
''Wu wei'' () is an ancient Chinese concept literally meaning "inexertion", "inaction", or "effortless action". ''Wu wei'' emerged in the Spring and Autumn period, and from Confucianism, to become an important concept in Chinese statecraft and Taoism. It was most commonly used to refer to an ideal form of government, including the behavior of the emperor. Describing a state of unconflicting personal harmony, free-flowing spontaneity and savoir-faire, it generally also more properly denotes a state of spirit or mind, and in Confucianism accords with conventional morality. Sinologist Jean François Billeter describes wu-wei as a "state of perfect knowledge of the reality of the situation, perfect efficaciousness and the realization of a perfect economy of energy", which in practice Edward Slingerland qualifies as a "set of ('transformed') dispositions (including physical bearing)... conforming with the normative order". Definition Sinologist Herrlee Creel considers wu wei, as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land, the List of countries and territories by land borders, most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third List of countries and dependencies by area, largest country by total land area. The country consists of 22 provinces of China, provinces, five autonomous regions of China, autonomous regions, four direct-administered municipalities of China, municipalities, and two special administrative regions of China, Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the List of cities in China by population, most populous cit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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