A thoroughly researched assessment of how China�s economic success continues to be shaped by the communist ideology of Chairman Mao It was long assumed that as China embraced open markets and private enterprise, its state-controlled economy would fall by the wayside, that free markets would inevitably lead to a more liberal society. Instead, China�s growth over the past four decades has positioned state capitalism as a durable foil to the orthodoxy of free markets, to the confusion of many in the West. Christopher Marquis and Kunyuan Qiao argue that China�s economic success is based on�not in spite of�the continuing influence of Communist leader Mao Zedong. They illustrate how Mao�s ideological principles, mass campaigns, and socialist institutions have enduringly influenced Chinese entrepreneurs� business strategies and the management of their ventures. Grounded in case studies and quantitative analyses, this book shows that while private enterprise is the engine of China�s growth, Chinese companies see no contradictions between commercial drive and a dedication to Maoist ideology.