What is it about?

While Marx did not write extensively about East Asia's economy during his lifetime, Marx's economic theory and categories of political economic analysis are indispensable in explanations of current economic changes across major East Asian economies such as Japan, South Korea and China.

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Why is it important?

Applying Marx's analytical framework to economic change in East Asia is essential to exploding the myths and misunderstandings of what is going on in the region. This is particularly the case given the hugely misleading view of East Asian development fostered by mainstream neoclassical economics and bourgeois sociology.

Perspectives

I have undertaken this exercise in bringing Marxist analysis to bear upon East Asian development and change as a public service and as a way of encouraging others to interrogate mainstream approaches which do more to obfuscate than shed scientific light on the workings of the world today.

Dr Richard Westra
University of Macau

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This page is a summary of: East Asia in the Global Economy: Theoretical and Empirical Questions for Marxism, Journal of Contemporary Asia, September 2019, Taylor & Francis, DOI: 10.1080/00472336.2019.1662473.
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