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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
A Political Theory Of The Chinese Stock Market, Liang Kong
A Political Theory Of The Chinese Stock Market, Liang Kong
LSU Doctoral Dissertations
The Chinese stock market crash of 2015 attracted much attention from both the media and academia. Yet it was not a unique incident. The Chinese stock market fluctuates more frequently and drastically than most mature stock markets. The purpose of this work is to explain these unusual stock market fluctuations through a political lens. Traditional financial models and behavioral finance cannot sufficiently explain the unusual fluctuations of the Chinese stock market. Traditional financial models find that economic forces cannot explain all fluctuations in China’s stock market. Behavioral finance attributes the fluctuations to investor’s irrational behavior without explaining why investors behave …
A Political Ecology Of Information: Media And The Dilemma Of State Power In China, Michael L. Miller
A Political Ecology Of Information: Media And The Dilemma Of State Power In China, Michael L. Miller
Dissertations, Theses, and Capstone Projects
In this dissertation, I employ a Weberian concept of social power in order to theorize the challenges posed by, and the varieties of state response to, the dilemma of state power: the need of all states to empower societies with social capacities that may, in turn, threaten state interests. Through a comparison of traditional and new forms of media in China, I show that rather than posing qualitatively new types of challenges to authoritarian states, new media exacerbate the dilemma of state power. They do so because along each of three dimensions of social control, new media shift the relationship …