China Boom w/ Ho-fung Hung
The Dig
00:00
Is There a Sufficient Condition for Industrial Capitalism?
There was a rural surplus in late imper china. It just wasn't coordinated toward urban industrialization. So there's this kind of ablict imensionin you also argue that the so called agrarian origins explanations for capitalist take off in england, which point to the way that england's early modern agricultural revolution freed up essential capital and labor. That it fails to explain why china did not take off. Because china had undergone an agricultural revolution.
Play episode from 27:28
Transcript
