The Rise Of Ersatz Capitalism In South-East Asia
Condition: SECONDHAND
This is a secondhand book. The jacket image is a photograph of the exact copy we have in stock. This image shows the condition of this book. Further condition remarks are below.
Condition remarks:
Book: Good
Jacket: No dust jacket
Pages: Good
Condition remarks: Condition as shown in image
In a region celebrated for its explosive economic growth, Yoshihara Kunio's The Rise of Ersatz Capitalism in South-East Asia presents a provocative and rigorously argued counter-narrative: that the capitalism which emerged across Southeast Asia in the post-war decades was not genuine, but a pale and structurally flawed imitation — an ersatz capitalism propped up by state intervention, ethnic Chinese business networks, and foreign technology rather than by indigenous entrepreneurial dynamism. Kunio dissects the economic architectures of nations such as Thailand, the Philippines, Malaysia, and Indonesia, arguing that the absence of a true domestic technological and industrial base rendered their capitalist development fundamentally shallow and dependent. Drawing on a sweeping command of regional economic history, Kunio challenges the triumphalist narratives that dominated development discourse in the late twentieth century, illustrating how political patronage and rent-seeking behaviour became institutionalised features of Southeast Asian capitalism rather than temporary growing pains. His analysis is sharp, unsentimental, and deeply informed by comparative economic theory, making this a landmark contribution to the study of Asian political economy. For anyone seeking to understand why the promise of the Asian miracle remained so unevenly fulfilled, this work raises questions that still demand an answer.
Author: Yoshihara Kunio
Format: Paperback
Published: 1988, Ateneo de Manila University Press
Genre: Business & economics
Condition remarks:
Book: Good
Jacket: No dust jacket
Pages: Good
Condition remarks: Condition as shown in image
In a region celebrated for its explosive economic growth, Yoshihara Kunio's The Rise of Ersatz Capitalism in South-East Asia presents a provocative and rigorously argued counter-narrative: that the capitalism which emerged across Southeast Asia in the post-war decades was not genuine, but a pale and structurally flawed imitation — an ersatz capitalism propped up by state intervention, ethnic Chinese business networks, and foreign technology rather than by indigenous entrepreneurial dynamism. Kunio dissects the economic architectures of nations such as Thailand, the Philippines, Malaysia, and Indonesia, arguing that the absence of a true domestic technological and industrial base rendered their capitalist development fundamentally shallow and dependent. Drawing on a sweeping command of regional economic history, Kunio challenges the triumphalist narratives that dominated development discourse in the late twentieth century, illustrating how political patronage and rent-seeking behaviour became institutionalised features of Southeast Asian capitalism rather than temporary growing pains. His analysis is sharp, unsentimental, and deeply informed by comparative economic theory, making this a landmark contribution to the study of Asian political economy. For anyone seeking to understand why the promise of the Asian miracle remained so unevenly fulfilled, this work raises questions that still demand an answer.