Social Capability and the Capital Stock at the End of the Maoist Era

Chris Bramall

in Sources of Chinese Economic Growth, 1978-1996

Published in print September 2000 | ISBN: 9780198296973
Published online November 2003 | e-ISBN: 9780191596018 | DOI:

Series: Studies on Contemporary China

Social Capability and the Capital Stock at the End of the Maoist Era

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Here we outline the extent of the physical and human capital legacies from the Maoist era. One such legacy was a well‐developed irrigation system, much of which was completed in the late 1960s and 1970s. The industrial legacy was more mixed, mainly because much of the investment of the 1960s and 1970s was channelled into the defence sector, especially Third Front projects in western China. Nevertheless, transition‐era China inherited extensive stocks of industrial capital, as well as transport infrastructure. Perhaps most importantly of all, the Maoist development strategy was successful in vastly increasing rural literacy rates and thus creating a potential industrial workforce.

Keywords: culture; defence; industry; irrigation; literacy; Maoist; transport

Chapter.  16404 words. 

Subjects: Economic Development and Growth

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