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Anxious Wealth : Money And Morality Among China 's New Rich Essay

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Assignment One: Urban ethnography book review. Anxious Wealth: Money and Morality Among China’s New Rich, by John Osburg Main argument: 507 Anxious Wealth is an ethnographic book that explores the background networking strategies of Chengdu’s powerful elite group of entrepreneurs, professionals, and government officials. Themes covered include recreational habits such as gambling, banqueting, drinking, uniting with female hostesses, and a range of other unexpectedly significant facets of relationships that may result in exchanges of mutual advantage. Osburg argues these networks as being central (and at times, corrosive) forces in political, economic, and social life in China, and also informative on the origins, workings, and maintenance of corruption, as well as class and gender inequality. These relationships organise more than just business ventures, also orientating personal morality and performance in hierarchical social status. Through the ethnography, Osburg shows the dominating powers of these networks, especially where business to government official ties are concerned. These non-commodifiable ties of blood and sentiment (through shared sexual experiences, for example) are highly valued in a society where monetised bribes are so prevalent (83). This, Osburg argues, is commonly known, and embodied by businessmen such as informant Mr. Chen who upon discussing his networks, stated “...in China, there is no law. Relationships are the law.” (77). Relationship

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