The (new) Projectment Economy: the concept and its new determinations in today's China
DOI:
https://doi.org/10.5007/2177-5230.2020v35n77p17Keywords:
Body composition, Free fat mass, Bioelectrical impedance, Arm perimeter.Abstract
The purpose of this article is to shed light on the reasons why Ignacio Rangel's concept of “Projectment Economy” holds great possibilities for research in the field of Chinese economic development. To this objetive, we seek to re-elaborate the concept and enrich with the new determinations and validation criteria that make it up to the scope of the phenomenon underway in China. Issues such as the possibilities of overcoming "Keynesian uncertainty", planning for "creative destruction", monetary sovereignty and the "tacit adhesion pact" will be addressed and taken as categories that support, as an empirical face, the concept of the New Projectment Economy. We conclude by stating that the New Projectment Economy constitutes a superior stage of development of the dominant mode of production internal to the (new) socioeconomic formation that emerged in China as a result of the economic reforms initiated in 1978.
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