Anthropologist Ellen Hertz captured the early development of the Shanghai Stock Exchange through the discourses and practices of main players such as individual investors, institutional investors, and the state in relation to the unique formation of the market in China (1998). [...] Therefore, the global assemblages are the totality of the local effects of, the situated reactions to and the interactions of the heterogeneous global forms. [...] However, the key difference between the neoliberal governmental forms in China and the advanced liberal rule in the United States exist in the way patriotism (under Maoist notion of loyalty and a strong nation in the world) is infused into practices of choice and an ethos of self-enterprise. [...] Kipnis stresses that the emphasis of an ideological critique on neoliberalism is not as fruitful as the study on the practices, and the detailed dynamics of implementing neoliberal technologies, and the modification, resistance or transformation by those who are the objects of neoliberalism (Dunn 2004 and Collier 2005, as cited in Kipnis 2008: 285). [...] A further critique on the discussion of Chinese political economy rests on the question of what exactly is the concept of China here? What exactly is the binary of socialist and capitalistic here? As the discussions above (on unstable boundaries) show, the concept culture, or ideologies of the socialist and capitalist fail to enable a totalistic definition.
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- 21
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- Canada
