ID | 141095 |
Title Proper | Capitalism without capital |
Other Title Information | capital conversion and market making in rural China |
Language | ENG |
Author | Zhou, Xueguang ; Ai, Yun |
Summary / Abstract (Note) | Situated in an agricultural township in northern China, this study examines the rise of produce markets in rural China in the face of a chronic shortage of financial capital. Drawing on theoretical ideas in economic sociology, we explicate the mechanisms of gift exchange and credit taking and the conditions under which these mechanisms are used to mobilize financial capital and to facilitate market transactions in the absence of financial capital. We illustrate these issues and ideas using our fieldwork research on different produce markets and entrepreneurial activities. |
`In' analytical Note | China Quarterly No. 219; Sep 2014: p.693-714 |
Journal Source | China Quarterly No 219 |
Key Words | Rural China ; Capital ; Gift Exchange ; Rural Market ; Credit Taking |