Abstract:This article analyses the money transformations and institutional frameworks that are central to highly successful and innovative, yet legally questionable, community welfare funds in Huagang (pseudonym), an industrialized township in Shandong. One of two aims is to address the question, “How do funny money transactions constitute, undermine, affirm, and/or modify political authority—and whose political authority?” The second aim is to contribute to the study of formation within the economy—“how an economy eme… Show more
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