Comprador Explained

comprador
T:買辦
S:买办
P:mǎibàn
J:maai5 baan6
T2:江擺渡
S2:江摆渡
P2:jiāngbǎidù
J2:gong1 baai2 dou6
C3:康白度
P3:kāngbǎidù
J3:hong1 baak6 dou6

A comprador or compradore is a "person who acts as an agent for foreign organizations engaged in investment, trade, or economic or political exploitation".[1] An example of a comprador would be a native manager for a European business house in East and South East Asia, and, by extension, social groups that play broadly similar roles in other parts of the world.

Etymology and usage

The term comprador, a Portuguese word that means buyer, derives from the Latin comparare, which means to procure.[2] The original usage of the word in East Asia referred to a native servant in European households in Guangzhou in southern China or in the neighboring Portuguese colony at Macao - such persons went to market to barter their employers' wares.[2] [3] The term then evolved to mean the native contract-suppliers who worked for foreign companies in East Asia or the native managers of firms in East Asia.[2] [3] Compradors held important positions in southern China - buying and selling tea, silk, cotton and yarn for foreign corporations and working in foreign-owned banks.[3] Robert Hotung (1862–1956), who worked in the late-nineteenth century as a comprador of the trading conglomerate Jardine, Matheson & Co., allegedly became the richest man in Hong Kong by the age of 35.[4] The Hong Kong firm of Li & Fung, founded in 1906, partly functioned as a Canton comprador in its early stages.

Marxist theoreticians in the 20th century applied the term comprador bourgeoisie to similar trading-classes in regions outside East Asia.[5] [6] [7] [8]

With the emergence or the re-emergence of globalization, the term "comprador" has reentered the lexicon to denote trading groups and classes in the developing world in subordinate but mutually-advantageous relationships with metropolitan capital. The Egyptian Marxist Samir Amin (1931–2018) discussed the role of compradors in the contemporary global economy in his work.[9] In addition, the Indian economist Ashok Mitra (1928–2018) labelled the owners and managers of firms attached to the Indian software industry as compradors.[10] Growing identification of the software industry in India with comprador "qualities" has led to the labeling of certain persons associated with the industry as "dot.compradors".[11] [12]

Marxist terminology counterposes a comprador bourgeoisie, perceived as the serving the interests of foreign imperial powers, to a national bourgeoisie, which is considered as opposing foreign imperialism and promoting the independence of its own country and, as such, could be, under some circumstances, a short-term ally of socialist revolutionaries.

Mikhail Delyagin has characterised the 21st-century Russian state as in itself a comprador in a system of comprador capitalism.[13]

Notable compradors

China

Bangladesh

See also

Further reading

Notes and References

  1. Web site: comprador. https://web.archive.org/web/20170202052703/https://en.oxforddictionaries.com/definition/comprador. dead. February 2, 2017. oxforddictionaries.com. OXford University Press. 28 January 2017.
  2. Comprador. 6. 813.
  3. Book: Bergere, Marie-Clarie . The Golden Age of the Chinese Bourgeoisie 1911-1937 . 1989 . . . 0521320542 . 38–39 . 978-0521320542 .
  4. Book: A Modern History of Hong Kong. Steve. Tsang. I. B. Taurus & Company. 978-1-84511-419-0. 2007.
  5. [Mao Zedong]
  6. [Mao Zedong]
  7. [Slobodan Antonić]
  8. Book: History of the Russian Revolution. Trotsky, Leon. Leon Trotsky. 978-1931859-45-5. 2008. 13–14. Haymarket Books.
  9. Amin, Samir (2011). Maldevelopment: Anatomy of a Global Failure, Pambazuka Press, Oxford. .
  10. Mitra, Ashok. "Hour of the Comprador". The Telegraph, Kolkata, 27 April 2007– "The tribe who were boot-lickers of the British — compradors par excellence — had got totally eclipsed in India amidst the fervour and frenzy of the freedom movement. Circumstances are however forcing a re-recognition of Arnold Toynbee: history is a victim of the virus of circularity. The country is creeping back to a comprador climate. The new generation of information technology barons, spawned by the surge of outsourcing, is determined to transform the land into impeccable comprador territory."
  11. Saraswati, Jyoti (2012). Dot.compradors: Power and Policy in the Development of the Indian Software Industry, Pluto Press, London. .
  12. Book: The Emergence Of A Chinese Elite In Hong Kong. Carl Smith. Carl T. Smith. 978-962-209-688-2. 2005. 1. Hong Kong University Press. 2018-09-11. https://web.archive.org/web/20180911081841/https://www.hkupress.hku.hk/pro/con/107.pdf. 2018-09-11. dead.
  13. Web site: Delyagin . Mikhail Gennadyevich . Mikhail Delyagin . В России установился компрадорский капитализм . Compador capitalism has established itself in Russia . 2013-02-18 . 2023-09-04 . 2017-04-27 . https://web.archive.org/web/20170427194036/http://delyagin.livejournal.com/893713.html . live . У нас парадокс в том, что компрадорскую политику проводит само государство. [We have a paradox in that the state itself operates comprador politics.] .

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