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Contradictions of Market Socialism: Labour, Capital and Welfare in Privatising China and Vietnam

Contributor(s): Pun, Ngai (Contribution by), Duc Loc, Nguyen (Contribution by), Liu, Tao (Contribution by), Minh Luong, Ngoc (Contribution by), Ta Khanh, Do (Contribution by), Tian, Yueran (Contribution by), Zhan, Yang (Contribution by), Ngoc Tran, Angie (Contribution by), Thanh Thoi, Pham (Contribution by), Schwendener, Catrina (Contribution by), Thu Nguyen, Huong (Contribution by), Phuong Nguyen, Tu (Contribution by), Zhang, Fan (Contribution by), T N Nguyen, Minh (Editor), Mao, Jingyu (Editor)

ISBN: 9781447379225

Publisher: Policy Press

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Pub Date: May 26, 2026

Lexile Code: 0000

Target Age Group: NA to NA

Physical Info: 0.65" H x 9.21" L x 6.14" W ( 0.96 lbs) 306 pages

Series: Research in Comparative and Global Social Policy

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Description:

Available open access digitally under CC-BY-NC-ND licence.

China and Vietnam are two of the remaining constitutionally socialist countries that are single-handedly governed by Communist parties. Their rapid economic growth has gone hand in hand with the deepening commodification of labour and the restructuring of welfare - producing new tensions between workers' needs and state priorities.

Grounded in rich empirical research from diverse regions of both countries, this book explores how everyday struggles for livelihoods and wellbeing are shaped by increasingly flexible labour regimes and welfare systems offering minimal protection. It reveals how such systems encourage self-entrepreneurship and individual responsibility, while exposing the conflict between ensuring workers' wellbeing and maintaining the market socialist model.

Connecting labour and welfare transformations to broader political-economic processes - including land restructuring and financialisation - the book offers an unparalleled comparative perspective on two of the world's most important manufacturing hubs.

Brief description: Jingyu Mao is Lecturer in Sociology at the University of Edinburgh.

Review Quotes: "This remarkable volume examines China's and Vietnam's contemporary transformations, offering rich case studies on work, mobility and social protection amid hyperflexible accumulation - an essential, timely resource." Kaxton Siu, Hong Kong Baptist University

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