Hostname: page-component-89b8bd64d-n8gtw Total loading time: 0 Render date: 2026-05-06T13:42:27.316Z Has data issue: false hasContentIssue false

Nationalism and Economic Modernization of China: The Chinese Masses’ Reorientation to “the Spirit of Capitalism”

Published online by Cambridge University Press:  24 October 2024

Zeying Wu*
Affiliation:
Department of Government and International Affairs, Lingnan University, Hong Kong
Rights & Permissions [Opens in a new window]

Abstract

Following Max Weber’s emphasis on a fundamental change in ethical values behind the modern capitalistic economy, this paper offers an ideational explanation for China’s economic modernization since 1978. It argues that China’s economic reform, which first and foremost changed the official rhetoric about profit-making, endowed the economic preoccupations of ordinary people with a special dignity. Since then, the Chinese masses have been allowed to proudly connect their personal prosperity with China’s national wealth and international status. This dignifying connection, in turn, led them to invest in sustaining the growth of their personal prosperity and national wealth. In other words, it converted the Chinese masses to economic nationalism that prioritized economic development as the chief means for the achievement of China’s glory. The conversion of the Chinese masses to economic nationalism marked the Chinese society’s reorientation to “the spirit of capitalism,” hence China’s economic modernization.

Information

Type
Article
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - SA
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-ShareAlike licence (http://creativecommons.org/licenses/by-nc-sa/4.0), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the same Creative Commons licence is used to distribute the re-used or adapted article and the original article is properly cited. The written permission of Cambridge University Press must be obtained prior to any commercial use.
Copyright
© The Author(s), 2024. Published by Cambridge University Press on behalf of Association for the Study of Nationalities
Figure 0

Figure 1. The Causal Mechanism between Economic Nationalism and Economic Modernization in China (1978-1997).Source: created by the author.

Figure 1

Figure 2. People’s Daily’s Coverage on “Economics” and “Modernization” (1949-2008, percentage)Source: Data collected from the digital database of People’s Daily (1949-2008).

Figure 2

Figure 3. People’s Daily’s Coverage on “Economic Modernization” and “Nation with Wealth & Power” (1949-2008, counts)Source: Data collected from the digital database of People’s Daily (1949-2008).

Figure 3

Table 1. Pearson Correlations among Self-Perceptions