A Windstorm Swept over Intellectual Capitalists

InSeptember1999.JiangQiping'snewbook,AWindstormSweptOverIntellectualCapitalists.,causedquiteastirwhenitfirstappearedinBeijing'sbookstores.Theideaofanintellectualcapitalist,althoughnotinventedbythisinstantbestselles,hasbecomeahottopicofdiscussionamong...

Next Investment Spree Venture capitalists and private investors target China’s clean technology, medical and 3G services markets

chinese economic growth accelerated in the second quarter of this year as a massive stimulus package paid off. Accordingly,

An optimal incentive contract to venture capitalist

This paper aims to study the principal-agent relationship between investors and venture capitalists （VCs）, makes research on the moral hazard issues under this relationship, and how to design an effective incentive mechanism to avoid it. By constructing a new incentive model, this paper provides the reference for investors to establish a reasonable payment contract. The designed incentive contract is a kind of dominant consecutive payment mode, which plays a strong incentive role to the VCs, in addition, it also requires the VCs to invest certain capital to the project, which can effectively prevent the slapdash action of VCs, and reduce the agent cost of investors.

《德伯家的苔丝》中苔丝悲剧的浅析(英文)

Tess of the D'Urbervilles is one of Thomas Hardy's most famous novels.In this novel,the heroine,Tess,is figured with intelligence as well as beauty.She possesses all of praise-worthy qualities of labors:pure,industrious,responsible,brave and fortitudinous.And Tess has long been regarded as the most exceptional woman character in literary history.However,the life of this pure woman is tragic.This paper mainly analyzes the external reasons and internal reasons that results in the tragedy which she is changing from a girl with beauty and pureness to a young lady with muddling along and giving herself up,at last she walks to the execution ground.From all the points mentioned above,we can better and deeply understand Tess and her tragedy,and we can know the root of the Tess's tragedy is the evil capitalist society at that time.

Rational Reflection and Realistic Transcendence on Ecological Crisis: Based on the Perspective of Marxist Ecological Concept

The construction of ecological civilization fully demonstrates the CPC's historical initiative spirit to keep pace with the times. This ruling mind is rooted not only in the realistic interpretation of Marxism ecological view,but also in the profound introspection on the development of history of human civilization. It has a practical guiding meaning to the construction of socialism with Chinese characteristics. Furthermore,it has a theoretical perspective on the ecological crisis which is a global problem. Therefore,we should stand on the commanding heights of humanity's horizons,and restore systematically the harmonious relationship between man and nature from the perspective of ecological aesthetics.

Study of Venture Capitalist Compensation Structure Based on Reputation Model

The development of venture capital has drawn much attention, and many qualitative analysis and discussions have been proposed. A quantitative model is proposed based upon Reputation Model. The present compensation structure of U. S. venture capital limited partnerships is analyzed and a kind of new compensation structure is proposed. The relations between the venture capitalist’ s effort level and the two compensation structures are given . The comparison of analytical results proves that the present compensation structure in U.S. may not be the best choice, and that the proposed one can give a better motivation for venture capitalist’s management action.

The Equality–Inequality Dialectics

The assay argues that the Equality-Inequality dialectics is a very complex issue,which reflects many social dilemmas.On one side are the state official commitments to secure,maintain and protect all kinds of formal equalities.On the other side are the natural and genetic distinctions that differ between human-beings while creating and maintaining inequality.In fact,this is kind of a contradiction exists in many fields of social sciences.The essay’s author reviews some of the relevant historical events,such as social mobility,individualism and education and points out on future solutions.Among the proposed suggestions are:1)Embracing Frankl’s giving“Meaning to Life”as a leverage for increasing pleasure of life;2)Recognizing and promoting Creative Individualism as the legitimized ground for inequality;3)Increasing Social Cohesion,required for social empowerment and attaining security and happiness.

Islamic Banking System and Mode of Leasing： A Comparative Analysis in the Light of Maqasid al-Shari＇ah

This article discusses Islamic Banking System and its mode of leasing in the light of the objectives of Shari＇ah. It explores that the objectives behind the introduction of Islamic finance and banking system were the elimination of capitalist banking interest, exploitation of poor segment of the society and the establishment of an economic system which may lead to sustain a balance economic order and social justice. In this context, it intends to analyze the mode of leasing provided by Islamic Banking system in the light of the objectives of Shari＇ah and discloses that although Islamic Banking system is based on the principle of mudarbah, musharkah and Ijarah and deals with the customers in that context, yet apparently, the effects of these transactions are not much different from capitalist modes due to same consequences and effects of these transactions. It thus, provides a comparative analysis of the issue, i.e., mode of leasing at both Islamic and capitalist Banks. It argues that a common man can not avail Islamic financing/leasing if he lacks financial resources. If a poor person tries to purchase something by way of ijarah through Islamic Banking finance, he does not find any difference in the payment of the total cost between capitalist mode of leasing and Islamic mode of ijarah. Hence, this article concludes that although Islamic financing achieved a remarkable development among the Muslims, yet there is a need to revise the policy and system of Islamic financing in the light of the objectives of Shari＇ah. It also concludes that the mode of leasing provided at Islamic Banks does not accomplish the objectives of its establishment which is public interest. At present, this system is unable to assist the poor segment of the society or to provide ease to them.

Apple Economy of Village Zandra in Light of World System Theory

This paper deals with research findings regarding horticulture, a major sources of income in the Village Zandra, District Ziarat in the province of Balochistan. Initially the natives were earning their livelihood through horticulture only. The main contribution was coming through apple production. The process of tree plantation and the people involved in horticulture economy have been discussed in this article. During the last 3 decades few changes have been witnessed. Shift from subsistence to market economy has increased the lust for money due to which the natives have started opting for secondary sources of income. In horticulture they have started using technology, pesticides and chemical fertilizers to maximize their production and profit. They are also switching over to the cultivation of profitable types of apple. The impact of these changes has been analyzed in light of world system theory at micro level. The data presented in this paper have been collected by using qualitative anthropological research techniques.

The Logical Premise and Methodological Basis of Marx’s Machine Production Theory

Marx’s production paradigm constitutes the logical premise of his construction of machine production theory.Therefore,the machine production theory elaborated by Marx has a unique research method and theoretical perspective,which is fundamentally different from other non-Marxist technical theories,which is also the basic starting point for understanding and explaining Marx’s machine production theory.By defining the logical premise of Marx’s machine production theory as production paradigm,we can not only reinterpret this theory based on the original context,but also examine the latest interaction between contemporary capitalism and technological reality on the basis of this interpretation.Only from the production paradigm can we truly grasp the complete connotation of“machine production”in Marx’s mature criticism of political economy.

Brave New Venture

How venture capitalists are navigating a new legal landscape in search of profitable exits

The hypothesis of economic man and Marxist economics

This essay tries tO explore the contemporary significance of Marx＇s economic theory of the motivation and the behavioral model of the agents of capitalist production. The first and the second part of this essay review and analyze the concept of the agent of capitalist production in Marx＇s theory, and point out that Marx explains the motivation and behavior of the agents of capitalist production from the perspectives of capital in general, competition, and uncertainty respectively. The third part of this essay offers a brief comment on the interactive relationship between the institutional varieties of capitalism and behavioral model of the agents and points out that the concept of the agents of capitalist production has its inherent limitations when confi＇onted with the problem of institutional varieties.

An Agent-based Model of a Capitalist Economy

In this paper we investigate the stabilizing role of taxation in an agent based model of a capitalist economy. The model may be considered as a control system with taxation as the control. But it differs from conventional model of control systems. It has some significant characters of complex systems. The system is described and studied by combining the mathematical formulas with computer simulations. Several related concepts as ″output″ and ″control″ etc. are reconsidered from new view-points. Via this problem we explore some phenomenon in controlled complex systems.

Interest Similarity and Cross-Strait Peace

Studies in this article support the peace-building effects of interest similarity, and we have to re-evaluate the current world peace through a new lens of interest. Previous research has informed us that states with similar security and/or economic interests will experience fewer conflict onsets. This study begins with research treating interest similarity as a ＂facilitating condition for conflict,＂ and argues that in addition to security interest, capitalist economic policies that lead to the deeper integration of an economy into international markets should be considered one of the ultimate driving forces of peace. By discussing a brief description of bilateral peace in the China-Taiwan dyad, this article concludes that the China- Taiwan dyad has less possibility of encountering military conflict if both governments can maintain similarity in their security interests. Moreover, the author distinguishes different models in capitalist peace theory, which include the free-market and the social-market. Accordingly, this article examines three different prestigious capitalist models： trade, capital openness, and contract-intensive economy as social- market theory. The results suggest that the China-Taiwan case is an appropriate case for the trade （Weede, Economic development, social order, and world politics, 1996） and capital openness models （Gartzke, Am J Polit Sci 51（1）： 166-191, 2007）. Future studies need to be more aware of the model chosen for capitalist peace on cross-Strait relations.

RED CAPITALIST A life changed by a chat with Mao

Tang Ruiren, 76, a peasant-turned-restaurateur, has led a charmed life. The founder of Mao Jia Restaurant Development Corp., with 145 franchise restaurants in 20 provinces, she heads an empire that employs 20,000 people and last year paid more than 60 million yuan in taxes. What's so special about her restaurants? Mao Zedong's favorite dishes.

INVERTING THE PYRAMID

China’s pyramid schemes are known for their violent and cult-like behavior, preying on victims’ tight-knit social networks and fear of missing out. TWOC speaks to the former victims and grassroots activists who are fighting back