Capitalism from Below

Discover the groundbreaking insights of Capitalism from Below by Victor Nee, published by Harvard University Press in 2012. This compelling hardback spans 456 pages and delves into the remarkable transformation of China's economy since the 1980s, during which over 630 million people have risen out of poverty—the largest reduction in history.

Through an in-depth examination of 700 manufacturing firms in the Yangzi region, Nee presents a thought-provoking argument: the true catalyst of China’s economic miracle is not top-down initiatives but rather the emergence of private enterprise from grassroots levels. This book is essential for anyone interested in understanding the dynamics of capitalism, economic policy, and entrepreneurship in the context of the United States and beyond.

Join the conversation on industrial policy and the political landscape that shaped this extraordinary economic shift. Capitalism from Below is a must-read for scholars, policymakers, and anyone fascinated by the forces driving economic change.