The laws and economics of confucianism: kinship and property in pre-industrial China and England

By:

Zhang, Taisu

Material type: Text

TextPublication details: Cambridge University Press New York 2019Description: x, 308 pISBN:

9781316506288

Subject(s):

DDC classification:

330.170951 ZHA

Summary: Tying together cultural history, legal history, and institutional economics, The Laws and Economics of Confucianism: Kinship and Property in Preindustrial China and England offers a novel argument as to why Chinese and English preindustrial economic development went down different paths. The dominance of Neo-Confucian social hierarchies in Late Imperial and Republican China, under which advanced age and generational seniority were the primary determinants of sociopolitical status, allowed many poor but senior individuals to possess status and political authority highly disproportionate to their wealth. In comparison, landed wealth was a fairly strict prerequisite for high status and authority in the far more 'individualist' society of early modern England, essentially excluding low-income individuals from secular positions of prestige and leadership. Zhang argues that this social difference had major consequences for property institutions and agricultural production.

List(s) this item appears in: Public Policy & General Management | HR & OB

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Holdings
Item type	Current library	Collection	Call number	Copy number	Status	Date due	Barcode
Book	Indian Institute of Management LRC General Stacks	Public Policy & General Management	330.170951 ZHA (Browse shelf(Opens below))	1	Available		002580

Table of Contents
1. 'Dian' sales in Qing and Republican China
2. Mortgages in early modern England
3. Kinship, social hierarchy, and institutional divergence (theories)
4. Kinship, social hierarchy, and institutional divergence (empirics)
5. Kinship hierarchies in Late Imperial history
6. Property institutions and agricultural capitalism
Conclusion
Index.

Tying together cultural history, legal history, and institutional economics, The Laws and Economics of Confucianism: Kinship and Property in Preindustrial China and England offers a novel argument as to why Chinese and English preindustrial economic development went down different paths. The dominance of Neo-Confucian social hierarchies in Late Imperial and Republican China, under which advanced age and generational seniority were the primary determinants of sociopolitical status, allowed many poor but senior individuals to possess status and political authority highly disproportionate to their wealth. In comparison, landed wealth was a fairly strict prerequisite for high status and authority in the far more 'individualist' society of early modern England, essentially excluding low-income individuals from secular positions of prestige and leadership. Zhang argues that this social difference had major consequences for property institutions and agricultural production.

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