Information

Wealth and Power by Orville Schell
  • Title: Wealth and Power
  • Subtitle: China's Long March to the Twenty-first Century
  • Author(s): Orville Schell, John Delury
  • Publisher: Hachette UK
  • Year: 2013-07-16
  • ISBN-10: 1405529830
  • ISBN-13: 9781405529839

Summary

Wealth and Power: China’s Long March to the Twenty-first Century” by Orville Schell is a meticulously researched and thought-provoking book that delves into the historical, political, and cultural factors that have shaped China’s modern trajectory. Schell opens up a window to the long and complex journey China has taken to become a dominant global power in the twenty-first century.

The book examines how China’s trajectory towards wealth and power can be traced back to its tumultuous past. Schell explores seminal events such as the Opium Wars, the Cultural Revolution, and the economic reforms initiated by Deng Xiaoping, presenting them as pivotal moments that have shaped China’s destiny. Drawing on a wide range of sources and interviews with key figures, the author offers valuable insights into the political and economic decision-making processes that have shaped China’s rise.

Schell also provides a deep exploration of the cultural and intellectual development of China. He sheds light on the ways in which traditional Chinese values and Confucian philosophy have influenced the country’s governance and societal norms. Additionally, the author examines the impact of globalization, both in terms of the challenges it poses and the opportunities it presents for China’s continued growth and influence.

The strength of “Wealth and Power” lies in its detailed analysis and well-rounded perspective. Schell combines historical context, personal narratives, and astute observations to paint a comprehensive picture of China’s journey. While the book primarily focuses on China’s rise, it also looks critically at the challenges the country faces, including issues of corruption, environmental degradation, and social inequality.

Wealth and Power” is a must-read for anyone seeking a deep understanding of China’s ascent to global prominence. Schell’s insightful analysis provides a nuanced perspective on the complex interplay of history, politics, culture, and economics that have propelled the nation forward. Whether you are a scholar, a business professional, or simply an avid reader interested in understanding one of the world’s most influential nations, this book offers valuable and engaging insights into China’s remarkable journey.

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Book Review

Wealth and Power: China's Long March to the Twenty-first Century - A Historical Saga of Ambition and Transformation

In his gripping and illuminating book, “Wealth and Power: China’s Long March to the Twenty-first Century,” Orville Schell takes readers on an enthralling journey through the tumultuous history of China, demonstrating the factors that have propelled it from a struggling nation to a global powerhouse in the modern era. With meticulous research and insightful analysis, Schell expertly unpacks the rich tapestry of events, ideologies, and personalities that have shaped China’s rise, offering a comprehensive exploration of its remarkable transformation.

Schell’s book is a skillfully crafted narrative that seamlessly interweaves historical context with intimate personal stories and interviews. By doing so, he paints a vivid picture of China’s long and arduous journey to prosperity and power. One notable example is found in the examination of Deng Xiaoping’s economic reforms. Through in-depth interviews and historical analysis, Schell underscores Deng’s pivotal role in leading China out of Mao Zedong’s disastrous Cultural Revolution and spearheading the economic opening that ultimately transformed China’s national fortunes. The author expertly highlights Deng’s visionary thinking and pragmatic approach, which laid the foundation for China’s economic miracle and positioned it as a global economic powerhouse.

Moreover, Schell delves into the cultural and intellectual dimensions that have played a crucial role in shaping China’s rise. He demonstrates the ways in which Confucian philosophy, infused with traditional Chinese values, guides the country’s governance and societal norms. By exploring the tension between China’s historical narrative and its drive towards modernity, Schell sheds light on the complexities that arise as the nation seeks to balance centuries-old ideals with the demands of a rapidly changing world. Through anecdotes and anecdotes and extensive historical research, the author demonstrates how cultural continuity and the reinterpretation of the past have contributed to China’s ability to adapt and flourish.

Schell also critically examines the challenges China faces in its pursuit of wealth and power. He tackles issues such as corruption, environmental degradation, and social inequality, highlighting their potential to hinder China’s continued progress. For instance, he vividly describes the detrimental effects of rapid industrialization on China’s environment, from air pollution to water scarcity, and how these issues have become pressing concerns for the nation’s leadership. By highlighting these challenges, Schell presents a balanced and nuanced perspective, ensuring that readers gain a comprehensive understanding of China’s complexities.

Wealth and Power” is an invaluable resource for scholars, business professionals, and anyone seeking a deeper understanding of China’s rise to global prominence. Schell’s book not only provides historical insights and expert analysis but also delivers a captivating narrative that keeps readers engaged throughout. By skillfully integrating personal stories, historical details, and astute observations, the author takes what could have been a dry historical account and transforms it into a compelling story of ambition, resilience, and constant adaptation.

One of the book’s strengths lies in its exploration of how China’s long-standing embrace of its own history and culture, combined with a pragmatic outlook towards modernization, has shaped its trajectory. Schell masterfully presents China’s transformation as a multidimensional process that involves not only economic development but also societal changes, cultural preservation, and political dynamics. This multidimensional approach ensures that readers gain a more holistic understanding of China’s rise, appreciating the interconnectedness of various aspects that contribute to its wealth and power.

In conclusion, “Wealth and Power: China’s Long March to the Twenty-first Century” is an outstanding book that provides a comprehensive and insightful overview of China’s ascent to global prominence. Orville Schell’s masterful storytelling, meticulous research, and astute analysis make this book a captivating read. Whether you are an expert in international affairs, a business professional venturing into the Chinese market, or simply an avid reader seeking a deeper understanding of one of the world’s most influential nations, this book is an essential addition to your library.

Word Count: 668



In Beijing’s Great Hall of the People, a plaque on the wall lists the four principles that will guide China into the twenty-first century: ‘The socialist road,’ ‘the people’s democratic dictatorship,’ ‘the leadership of the Communist Party,’ and ‘Marxism-Leninism-Mao Zedong Thought.’ It is a reminder that, whatever changes have occurred in China’s political structure, some foundational beliefs remain.

Key Ideas

The key ideas in “Wealth and Power: China’s Long March to the Twenty-first Century” by Orville Schell revolve around the historical, cultural, and political factors that have shaped China’s transformation into a global economic and political force. Some of the key ideas explored in the book include:

  1. Historical Context The book highlights the significance of historical events such as the Opium Wars, the Cultural Revolution, and the economic reforms led by Deng Xiaoping. Schell contends that these moments in Chinese history were defining factors that shaped China’s economic development and its path towards global power.

  2. Cultural Continuity Schell emphasizes the role of traditional Chinese values and Confucian philosophy in shaping China’s governance and societal norms. He explores how these culturally rooted ideals have interacted with modernization efforts, demonstrating the tension between historical narratives and the demands of a rapidly changing world.

  3. Deng Xiaoping’s Economic Reforms One of the central ideas is the transformational impact of Deng Xiaoping’s economic reforms. Schell examines Deng’s visionary leadership, which propelled China out of Mao Zedong’s disastrous Cultural Revolution and introduced market-oriented reforms. These reforms laid the foundation for China’s economic miracle and positioned it as a global economic powerhouse.

  4. Challenges and Implications Schell nieto only explores China’s rise but also delves into the challenges it faces. The book addresses issues such as corruption, environmental degradation, and social inequality. By doing so, it offers a more nuanced and balanced perspective on China’s progress, highlighting potential obstacles and the need for continued adaptation.

Additionally, the book underscores China’s complex relationship with globalization and its implications. It examines how China has leveraged globalization to drive economic growth and expand its influence internationally. At the same time, Schell reflects on the challenges and tensions that arise as China navigates its integration into the global economy while preserving its national interests and cultural identity.

Overall, “Wealth and Power” presents a multifaceted understanding of China’s rise to prominence, emphasizing the interconnectedness of historical events, cultural influences, and political decision-making. The book offers valuable insights into the factors that have shaped China’s long march towards wealth and power, providing readers with a comprehensive overview of China’s extraordinary transformation in the twenty-first century.

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Target Audience

The book “Wealth and Power: China’s Long March to the Twenty-first Century” by Orville Schell targets a diverse audience interested in gaining a deeper understanding of China’s rise to global prominence and the complex factors that have shaped its trajectory. It is recommended reading for the following audiences:

  • Scholars and Researchers of Chinese History and Politics The book provides a meticulously researched account of China’s historical and political landscape, making it a valuable resource for those studying or researching Chinese history, politics, and economics. It offers a nuanced analysis of key events and figures in China’s transformation, providing valuable insights into the country’s development.

  • Business Professionals and Economic Analysts As China has become an economic powerhouse, understanding its economic and business landscape is essential for many professionals. “Wealth and Power” offers valuable insights into the economic reforms and policies that have propelled China’s growth, making it a recommended read for those dealing with China in business or economic contexts.

  • Global Affairs and International Relations Enthusiasts China’s rise to power has significant implications for global affairs and international relations. The book explores the geopolitical consequences of China’s ascent, including its influence on regional dynamics and its interactions with the global community. Readers interested in understanding China’s evolving role on the world stage will find this book enlightening.

  • General Readers Seeking a Deeper Understanding of China “Wealth and Power” presents a comprehensive account of China’s journey from a struggling nation to a global powerhouse. Its engaging narrative style and insightful analysis make it accessible and compelling for general readers interested in gaining a deeper understanding of China’s history, culture, and contemporary challenges.

In conclusion, “Wealth and Power: China’s Long March to the Twenty-first Century” is recommended reading for a wide range of audiences. It provides a comprehensive and engaging account of China’s rise to global prominence, making it valuable for scholars, business professionals, international relations enthusiasts, and general readers seeking to unravel the complexities of China’s economic and political transformation.



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This book review may contain excerpts and references from the reviewed work, used under the doctrine of fair use. The purpose is to provide a critical analysis, commentary, and evaluation of the book. The use of these excerpts is done for non-commercial and educational purposes, aimed at fostering discussion and understanding. The author acknowledges the original copyright holder's rights and asserts that the use of such material is transformative, adding value through the inclusion of informed opinions and insights. This review intends to comply with the principles of fair use under copyright law and does not seek to infringe upon the author's or publisher's rights.


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