Readings in Economics for China, Selected Materials With Explanatory Introductions (Classic Reprint)

Readings in Economics for China, Selected Materials With Explanatory Introductions (Classic Reprint)

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Excerpt from Readings in Economics for China, Selected Materials With Explanatory Introductions

This book has grown out of the work of the classroom and it is intended for the classroom. It does, however, deal with subjects in which the public has a lively interest and it is hoped that it may be of service to general readers both Chinese and foreign. Information about economic conditions in China is furnished and, in addition, an attempt has been made to provide material that will make possible constant comparison of the East with the West and of one Eastern country with another. It is this material for comparison that is one of the chief reasons for hoping that a book by a Westerner will be really useful and will be favorably received in the educational institutions of China.

It is frequently said that China is a republic in name only. This statement is true enough as far as it goes, but it has been made so frequently that the repetition of it is likely to obscure the fact, no less important, that the Chinese people have put behind them the autocratic political methods and organization of the past. China cannot, in all probability, go back to autocratic political methods: she must go forward to something. Even if the Chinese people could go back to autocratic government it would help them only temporarily, if it helped them at all. Autocracy is deceptive for it gives the people a false sense of security. There seems to be no way in which the people of any country can put off indefinitely the task of finding for themselves the political organization that will enable them to live at peace.

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