From Iron Fist to Invisible Hand uses telecommunications policy as a window to examine major contradictions in China's growth as an economic and political superpower. While China policy analysts wonder why the government occasionally restrains growth and raises prices, technologists marvel at how the telecommunications industry continues to grow enormously despite constraints and unpredictability in the market. Frustration is pervasive in the business environment, where regulations are constantly changing. This book provides six policy-focused case studies, each centered on a question with implications for telecome stakeholders, such as: Who is the regulator? Who are the regulated?
From Iron Fist to Somewhat Invisible Hand
From Iron Fist to Somewhat Invisible Hand - Stanford Scholarship
From Iron Fist to Invisible Hand: The Uneven Path of Telecommunications Reform in China
Manorialism, commonly, is recognized to have been founded by robbery and usurpation; a ruling class established itself by force, and then compelled the peasantry to work for the profit of their lords. But no system of exploitation, including capitalism, has ever been created by the action of a free market. Capitalism was founded on an act of robbery as massive as feudalism. It has been sustained to the present by continual state intervention to protect its system of privilege, without which its survival is unimaginable. The current structure of capital ownership and organization of production in our so-called "market" economy, reflects coercive state intervention prior to and extraneous to the market.
This book explores the surprising failure of Chinese telecommunications policy to maintain an orderly market in the face of business and technological innovation, including the Internet, and suggests that a more pluralistic decision-making process, which includes the views of businesses and consumers, would actually strengthen the state's power. Read more Please choose whether or not you want other users to be able to see on your profile that this library is a favorite of yours. Finding libraries that hold this item Federal Communications Commission at the time of her writing, eschews the density that usually accompanies policy studies to tell a rich story of the liberalization and modernization of China's communications infrastructure.