ChinaTalk How corruption works in China
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Jun 16, 2022 In this enlightening discussion, Professor Yuen Yuen Ang, a University of Michigan scholar and author of "China's Gilded Age," dives deep into the paradox of China's rapid growth amid widespread corruption. She breaks down corruption into categories like 'petty theft' and 'access money,' shedding light on how these factors influence governance. Ang compares China’s contemporary struggles with America's gilded age and discusses the unique dynamics of gender and bureaucracy in Chinese corruption. Her insights challenge conventional views and illuminate the complexities of China's economic landscape.
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Unbundling Corruption
- Unbundle corruption into four categories: petty theft, grand theft, speed money, and access money.
- These categories are based on whether they involve elites/non-elites and theft/exchange.
Corruption as Drugs Analogy
- Different types of corruption have varying economic impacts, like drugs have varying side effects.
- Petty theft and grand theft are like toxic drugs; speed money is like a painkiller; access money is like steroids.
Deng's Influence
- Deng Xiaoping played a crucial role in China's economic shift, ensuring the CCP remained central.
- He incentivized officials to transition to capitalism by allowing them to benefit financially.
