Mao, Marx, and the market : capitalist adventures in Russia and China

Praise for MAO, MARX & THE MARKET ''This is a gripping tale from start to finish, an extraordinary adventure told by a brilliant and idealistic businessman confronted by political disloyalty and chicanery on an epic scale. LeBaron tells his story with a punch, but his basic instincts of morality and decency shine throughout.'' --Peter L. Bernstein, President, Peter L. Bernstein, Inc., author of The Power of Gold: The History of an Obsession ''An insight-packed thriller summarizing a brilliant contrarian investor s adventures in the two great dramas of our era Russia and China; chock-full of pithy lessons relevant for investors and observers alike.'' --Graham Allison, Director, Robert and Renee Belfer Center for Science and International Affairs, John F. Kennedy School of Government, Harvard University ''Dean LeBaron s book on his adventures in Russia and China is a fun read. I recommend it to anyone taking their first or second or third visit to either country for business or pleasure. LeBaron brings out the personal warmth of these countries in terms of their individuals, as well as the obvious complexities of dealing with them.'' --David Gill, Board Member of several companies involved with Russia, Retired International Finance Corporation Official ''This is the fascinating story of Dean LeBaron in his quest to participate right from the start in the opening of China and Russia following the demise of their socialist/ communist regimes. It is the best account of what happened in the emerging market world in the nineties.'' --Marc Faber, Editor, The Gloom Boom & Doom Report,Managing Director, Marc Faber Limited ''Adventure capitalist Dean LeBaron is the Indiana Jones of finance. Follow his escapades in emerging markets and get an insider s view of the birth of capitalism in Russia and China. You ll be amused, entertained, and instructed. Mao, Marx & the Market provides a fascinating insider s view of the creation of market economies with all their attendant travails. A must read.'' --Bill Miller, CFA, Chief Executive Officer, Legg Mason Funds Management, Inc. MAO, MARX & THE MARKET......Page 3 Acknowledgments......Page 11 Preface......Page 15 Contents......Page 21 INTRODUCTION......Page 25 PART ONE Russia......Page 27 CHAPTER ONE The Russians Are Coming......Page 29 CHAPTER TWO From Marx to McDonald’s......Page 36 CHAPTER THREE Soviet-Style Fish Chowder......Page 54 CHAPTER FOUR Swords into Plowshares, Inc.......Page 70 CHAPTER FIVE The Right Stuff......Page 89 CHAPTER SIX Russia’s Wrong Stuff......Page 109 CHAPTER SEVEN Eureka!......Page 124 CHAPTER EIGHT Coups......Page 147 PART TWO China......Page 177 CHAPTER NINE The Fifth Dragon......Page 179 CHAPTER TEN A New Leap Forward......Page 190 CHAPTER ELEVEN The Cat Changes Color......Page 221 CHAPTER TWELVE Flowers on an Iron Tree......Page 240 CHAPTER THIRTEEN The Best Doctor......Page 261 CHAPTER FOURTEEN Year of the Monkey......Page 279 PART THREE A New Order in the Making......Page 303 CHAPTER FIFTEEN Lines on the Horizon......Page 305 INDEX......Page 329 Dean LeBaron has crafted an insightful volume that is part travelogue, part cultural analysis, and part memoir. The resulting book will bring you up-close and personal with the forces that shaped the two great cultures of Russia and China. The text is adorned with vignettes, anecdotes, parables and humor that keep the read as entertaining as it is weighty. getAbstract.com strongly recommends this book to anyone looking to understand two countries that have greatly influenced the last century of human history and will play a central role in the next Pt. 1. Russia. Ch. 1. The Russians Are Coming. Ch. 2. From Marx To Mcdonald's. Ch. 3. Soviet-style Fish Chowder. Ch. 4. Swords Into Plowshares, Inc. Ch. 5. The Right Stuff. Ch. 6. Russia's Wrong Stuff. Ch. 7. Eureka! Ch. 8. Coups -- Pt. 2. China. Ch. 9. The Fifth Dragon. Ch. 10. A New Leap Forward. Ch. 11. The Cat Changes Color. Ch. 12. Flowers On An Iron Tree. Ch. 13. The Best Doctor. Ch. 14. Year Of The Monkey -- Pt. 3. A New Order In The Making. Ch. 15. Lines On The Horizon. Dean Lebaron, With Donna Carpenter. Includes Index. Investment pioneer Dean LeBaron sheds light on the world-shaking transformation of Russia and China to capitalism. This thorough history of a modern free market revolution takes readers through the pitfalls of investing in emerging markets and the triumphs and tribulations of changing state-run economies to free markets