Abstract: This paper examines early discussions of stock exchanges by Max Weber, Liang Qichao, and Kang Youwei and considers their contemporaneity. Despite different contexts, the discussions shared a nineteenth-century preoccupation with global competition and Darwinian struggles for survival. All reveal the attendant anxieties of latecomer nations experiencing belated modernity. Weber, however, wrote from a position that embraced German colonialism, whereas Liang and Kang’s advocacy of stock exchanges was marked by concerns for the Chinese nation that emerged as a result of the experience of colonialism and economic imperialism.
Keywords: Club, ethical culture, stock exchanges, foreign influence
Bryna Goodman is a Professor of History, Former Director of Asian Studies Program and Oregon Consortium for International and Area Studies, University of Oregon Eugene. She is the author of Native Place, City and Nation: Regional Networks and Identities in Shanghai, 1853-1937 (1995). She is on the editorial board of the journal Twentieth Century China, served as Modern China Editor for Journal of Asian Studies, co-edited Gender in Motion: Divisions of Labor and Cultural Change in Modern China (2005), and Twentieth-Century Colonialism and China: Localities, the Everyday, and the World (2012).
Cite this article
Not a club for ethical culture’ Early writings on the stock exchange by Max Weber, Liang Qichao and Kang Youwei
Journal of China in Comparative Perspective
Vol.2 Issue 2. 2016, p13-24