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The Capitalist Dilemma in China's Communist Revolution

172 CapitalistDIlemma
Author: 
Sherman COCHRAN, ed.
Publication Year: 
2014
Publication Number: 
172

pdf icon  Sample chapter

How can capitalists’ motivations during a Communist revolution be reliably documented and fully understood? Up to now, the answer to this question has generally eluded scholars who, for lack of nonofficial sources, have fallen back on Communist governments’ official explanations. But the essays in this volume confirm that, at least in the case of the Communist revolution in China, it is finally possible to make new and fresh interpretations. By focusing closely on individuals and probing deeply into their thinking and experience, the authors of these essays have discovered a wide range of reasons for why Chinese capitalists did or did not choose to live and work under communism. The contributors to this volume have all concentrated on the dilemma for capitalists in China’s Communist revolution. But their approach to their subject through archival research and rigorous analysis may also serve as a guide for future thinking about a variety of other historical figures. This approach is well worth adopting to explain how any members of society (not only capitalists) have resolved comparable dilemmas in all revolutions—the ones in China, Russia, Vietnam, Cuba, or anywhere else. | 340 pages | Dec 2014


CONTENTS

  • Acknowledgments
  • Note on Romanization
  • 1. Introduction Sherman Cochran

Part One: CAPITALISTS WHO LEFT CHINA

  • 2. Shotgun Wedding: Song Feiqing, the Dongya Corporation, and the Early Communist Regime Brett Sheehan
  • 3. Avoiding Isolation by the Revolution: K.P. Chen’s Dealings from Hong Kong with Shanghai and Taipei, 1948–1956 Pui-Tak Lee
  • 4. Think It Through Three Times: Zhang Jianhui’s Decisions in the 1950s Kai Yiu Chan

Part Two: CAPITALISTS WHO STAYED IN CHINA

  • 5. Janus-Faced Capitalism: Li Zhuchen and the Jiuda Salt Refinery, 1949–1953 Man Bun Kwan
  • 6. Venture Communist: Gu Zhun in Shanghai, 1949–1952 Christopher R. Leighton

Part Three: CAPITALISTS WHO RETURNED TO CHINA

  • 7. Zhou Zuomin and the Jincheng Bank Parks M. Coble
  • 8. Wu Yunchu and the Fate of the Bourgeoisie and Bourgeois Lifestyles Under Communism Karl Gerth
  • 9. The Hong Kong–South China Financial Nexus: Ma Xuchao and His Remittance Agency Tomoko Shiroyama

Part Four: CAPITALISTS WHO REMAINED ABROAD

  • 10. Withstanding Communism: The Ho Tung Family of Hong Kong, 1946–1956 Siu-lun Wong and Victor Zheng
  • 11. Deciding Whether to Return to Taiwan: Koo Chen-fu, 1945–1952 Tsai-man Ho
  • 12.  Professional Managers at Political Crossroads Hsia Pin-fang at the Bank of China in New York  and London, 1939–1951 Elisabeth Köll
  • Glossary
  • Index
  • List of Contributors

Editor

  • Sherman COCHRAN is Hu Shih Professor Emeritus of Chinese History in the History Department at Cornell University.

ISBN (hardcover): 
978-1-939161-52-9
Price (hardcover): 
$45.00
ISBN (paperback): 
978-1-939161-72-7
Price (paperback): 
$25.00
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