Institution: Designed System Faced by Ming Merchants

Tengda Hua ()
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Tengda Hua: Shanghai University of Political Science and Law

Chapter Chapter 2 in Merchants, Market and Monarchy, 2021, pp 35-68 from Palgrave Macmillan

Abstract: Abstract In ancient China, the regime, commerce, officials, and merchants were always intertwined. Thus, before discussing the Ming scholars’ thoughts related to commerce and merchants, a separate chapter is necessary to identify and explain the surroundings faced by Ming merchants. To be more specific, this chapter first introduced fundamental elements in Chinese culture and society, i.e. Confucianism, kinship, political structure, the imperial exams, state monopoly, market control, etc. Their more ancient origin and their Ming status quo will both be elaborated. Then, this chapter moves on to the traditional characteristics of ancient Chinese economic thought before the Ming era that were typically reflected in theories that emphasised peasants and despised merchants. Equally important are the prevailing thoughts regarding egalitarianism.

Keywords: Institutional origin; Emphasising peasants; Despising merchants; Egalitarianism (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pshchp:978-3-030-77189-8_2

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DOI: 10.1007/978-3-030-77189-8_2

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