Sprouts Of Capitalism
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Sprouts Of Capitalism
The sprouts of capitalism, seeds of capitalism or capitalist sprouts are features of the economy of the late Ming and early Qing dynasties (16th to 18th centuries) that mainland Chinese historians have seen as resembling developments in pre-industrial Europe, and as precursors of a hypothetical indigenous development of industrial capitalism. Korean nationalist historiography has also adopted the idea. In China the sprouts theory was denounced during the Cultural Revolution, but saw renewed interest after the economy began to grow rapidly in the 1980s. Origins of the idea The Chinese term was first used in the first chapter, "Chinese Society", of ''The Chinese Revolution and the Chinese Communist Party'', edited by Mao Zedong in 1939: Similar ideas had been explored by Chinese Marxists in the 1920s and 1930s, and provided a way of reconciling Chinese history with Karl Marx's five stages of modes of production: primitive, slavery, feudal, capitalist and socialist. Shang Yue and o ...
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Ming Dynasty
The Ming dynasty (), officially the Great Ming, was an Dynasties in Chinese history, imperial dynasty of China, ruling from 1368 to 1644 following the collapse of the Mongol Empire, Mongol-led Yuan dynasty. The Ming dynasty was the last orthodox dynasty of China ruled by the Han Chinese, Han people, the majority ethnic group in China. Although the primary capital of Beijing fell in 1644 to a rebellion led by Li Zicheng (who established the short-lived Shun dynasty), numerous rump state, rump regimes ruled by remnants of the House of Zhu, Ming imperial family—collectively called the Southern Ming—survived until 1662. The Ming dynasty's founder, the Hongwu Emperor (r. 1368–1398), attempted to create a society of self-sufficient rural communities ordered in a rigid, immobile system that would guarantee and support a permanent class of soldiers for his dynasty: the empire's standing army exceeded one million troops and the naval history of China, navy's dockyards in Nanjin ...
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Wage Labour
Wage labour (also wage labor in American English), usually referred to as paid work, paid employment, or paid labour, refers to the socioeconomic relationship between a worker and an employer in which the worker sells their labour power under a formal or informal employment contract. These transactions usually occur in a labour market where wages or salaries are market-determined. In exchange for the money paid as wages (usual for short-term work-contracts) or salaries (in permanent employment contracts), the work product generally becomes the undifferentiated property of the employer. A wage labourer is a person whose primary means of income is from the selling of their labour in this way. Characteristics In modern mixed economies such as those of the OECD countries, it is currently the most common form of work arrangement. Although most labour is organised as per this structure, the wage work arrangements of CEOs, professional employees, and professional contract wor ...
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Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their operation for Profit (economics), profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, Property rights (economics), property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in Capital market, capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets. Economists, historians, political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include ''Laissez-faire capitalism, laissez-faire'' or free-market capitalism, anarcho-capitalism, state capi ...
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Princeton University Press
Princeton University Press is an independent publisher with close connections to Princeton University. Its mission is to disseminate scholarship within academia and society at large. The press was founded by Whitney Darrow, with the financial support of Charles Scribner, as a printing press to serve the Princeton community in 1905. Its distinctive building was constructed in 1911 on William Street in Princeton. Its first book was a new 1912 edition of John Witherspoon's ''Lectures on Moral Philosophy.'' History Princeton University Press was founded in 1905 by a recent Princeton graduate, Whitney Darrow, with financial support from another Princetonian, Charles Scribner II. Darrow and Scribner purchased the equipment and assumed the operations of two already existing local publishers, that of the ''Princeton Alumni Weekly'' and the Princeton Press. The new press printed both local newspapers, university documents, ''The Daily Princetonian'', and later added book publishing to it ...
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The Cambridge History Of China
''The Cambridge History of China'' is a series of books published by the Cambridge University Press (CUP) covering the history of China from the founding of the Qin dynasty in 221 BC to 1982 AD. The series was conceived by British historian Denis C. Twitchett and American historian John K. Fairbank in the late 1960s, and publication began in 1978. The complete ''History'' will contain 15 volumes made up of 17 books (not including the ''Cambridge History of Ancient China'') with volumes 5 and 9 consisting of two books each. Chinese history before the Qin dynasty is covered in an independent volume, ''The Cambridge History of Ancient China'' (1999) which follows the Pinyin romanization system; the other volumes except vol. 2 use Wade–Giles romanization. The final volume, Volume 4, was to be published in 2020, but is indefinitely delayed. An unauthorized Chinese translation of volume 7 (''The Ming Dynasty, 1368–1644, Part 1'') was made in 1992 by the Chinese Academy of Social ...
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Proto-industrialization
Proto-industrialization is the regional development, alongside commercial agriculture, of rural handicraft production for external markets. The term was introduced in the early 1970s by economic historians who argued that such developments in parts of Europe between the 16th and 19th centuries created the social and economic conditions that led to the Industrial Revolution. Later researchers suggested that similar conditions had arisen in other parts of the world. Proto-industrialization is also a term for a specific theory about proto-industries' role in the emergence of the Industrial Revolution. Aspects of the proto-industrialization theory have been challenged by other historians. Critics of the idea of proto-industrialization are not necessarily critics of the idea of proto-industries having existed prominently or having played a role as social and economic factors. Criticism of the theory has taken various forms -- that proto-industries were important and widespread but not ...
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Great Divergence
The Great Divergence or European miracle is the socioeconomic shift in which the Western world (i.e. Western Europe and the parts of the New World where its people became the dominant populations) overcame pre-modern growth constraints and emerged during the 19th century as the most powerful and wealthy world civilization, eclipsing the Ottoman Empire, Mughal India, Qing China, Tokugawa Japan, and Joseon Korea. Scholars have proposed a wide variety of theories to explain why the Great Divergence happened, including geography, culture, institutions, colonialism, resources and just pure chance. There is disagreement over the nomenclature of the "great" divergence, as a clear point of beginning of a divergence is traditionally held to be the 16th or even the 15th century, with the commercial revolution and the origins of mercantilism and capitalism during the Renaissance and the Age of Discovery, the rise of the European colonial empires, proto-globalization, the Scientific Revo ...
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Economic History Of China Before 1912
The economic history of China covers thousands of years and the region has undergone alternating cycles of prosperity and decline. China, for the last two millennia, was one of the world's largest and most advanced economies. Economic historians usually divide China's history into three periods: the pre-imperial era before the rise of the Qin; the early imperial era from the Qin to the rise of the Song (221 BCE to 960 CE); and the late imperial era, from the Song to the fall of the Qing. Neolithic agriculture had developed in China by roughly 8,000 BCE. Stratified Bronze Age cultures, such as Erlitou, emerged by the third millennium BCE. Under the Shang (16th–11th centuries BCE) and Western Zhou (11th–8th centuries BCE), a dependent labor force worked in large-scale foundries and workshops to produce bronzes and silk for the elite. The agricultural surpluses produced by the manorial economy supported these early handicraft industries as well as ...
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Asiatic Mode Of Production
The theory of the Asiatic mode of production (AMP) was devised by Karl Marx around the early 1850s. The essence of the theory has been described as " hesuggestion ... that Asiatic societies were held in thrall by a despotic ruling clique, residing in central cities and directly expropriating surplus from largely autarkic and generally undifferentiated village communities". In his articles on India written between 1852 and 1858, Marx outlined some of the basic characteristics of the AMP that prevailed in India. In these articles he indicated the absence of private ownership of land (self-sustaining units or communes), the unity between agriculture and manufacturing (handloom, spinning wheel), the absence of strong commodity production and exchange, and the stabilising role of Indian society and culture against invasions, conquests, and famines. The theory continues to arouse heated discussion among contemporary Marxists and non-Marxists alike. Some have rejected the whole concept ...
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People's University Of China
The Renmin University of China (RUC; ) is a national key public research university in Beijing, China. The university is affiliated to the Ministry of Education, and co-funded by the Ministry and the Beijing Municipal People's Government. RUC is designated as a Class A Double First Class University of the Double First Class University Plan and was also funded by Project 985 and Project 211 and is considered the most prestigious university for arts and humanities and social sciences in China. It is also a member of Worldwide Universities Network, the Asia-Pacific Association for International Education, and Beijing-Hong Kong Universities Alliance. According to the 2021 QS World University by Subject, the Renmin University of China was ranked among the top 40 in the world for Philosophy, top 51 in legal studies and law, top 80 in "Social sciences and Management", and top 100 in "Arts and Humanities" related subjects. According to the Financial Times, the Renmin Business School ...
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Korean Nationalist Historian
Korean nationalist historiography is a way of writing Korean history that centers on the Korean '' minjok'', an ethnically or racially defined Korean nation. This kind of historiography emerged in the early twentieth century among Korean intellectuals who wanted to foster national consciousness to achieve Korean independence from Japanese domination. Its first proponent was journalist and independence activist Shin Chaeho (1880–1936). In his polemical ''New Reading of History'' (''Doksa Sillon''), which was published in 1908 three years after Korea became a Japanese protectorate, Shin proclaimed that Korean history was the history of the Korean ''minjok'', a distinct race descended from the god Dangun that had once controlled not only the Korean peninsula but also large parts of Manchuria. Nationalist historians made expansive claims to the territory of these ancient Korean kingdoms, by which the present state of the ''minjok'' was to be judged. Shin and other Korean intell ...
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Guild
A guild ( ) is an association of artisans and merchants who oversee the practice of their craft/trade in a particular area. The earliest types of guild formed as organizations of tradesmen belonging to a professional association. They sometimes depended on grants of letters patent from a monarch or other ruler to enforce the flow of trade to their self-employed members, and to retain ownership of tools and the supply of materials, but were mostly regulated by the city government. A lasting legacy of traditional guilds are the guildhalls constructed and used as guild meeting-places. Guild members found guilty of cheating the public would be fined or banned from the guild. Typically the key "privilege" was that only guild members were allowed to sell their goods or practice their skill within the city. There might be controls on minimum or maximum prices, hours of trading, numbers of apprentices, and many other things. These rules reduced free competition, but sometimes mainta ...
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