TY - JOUR AB - Purpose– To review one of the earliest Chinese debates on socialism, highlighting the consequent changes in outlook by Sun Yat‐sen and Liang Qichao; and to demonstrate the influence of Western economic writers especially Richard T. Ely, Henry George, and German Bismarckian socialists.Design/methodology/approach– Textual analysis of original Chinese‐language materials with extensive direct quotations (in translation).Findings– Sun initially gave primary attention to land policy, using a (somewhat inconsistent) combination of George's “single tax” and a very different idea of land nationalization. As a result of the debate, however, Sun gave more attention to economic growth, capital formation, and import restriction. Liang initially favored Bismarckian socialism, but moved during the debate to increasing skepticism about a major economic role for government, recognizing the need for entrepreneurship and capital formation.Originality/value– Existing literature fails to perceive the radical shifts in viewpoint which developed for both Sun and Liang. This is particularly important for Sun, whose later ideas had a major influence on Chinese economic policy after 1927. VL - 32 IS - 12 SN - 0306-8293 DO - 10.1108/03068290510631006 UR - https://doi.org/10.1108/03068290510631006 AU - Lai Cheng‐chung AU - Trescott Paul B. ED - Barrie Pettman PY - 2005 Y1 - 2005/01/01 TI - Liang Qichao, Sun Yat‐sen, and the 1905‐1907 debate on socialism T2 - International Journal of Social Economics PB - Emerald Group Publishing Limited SP - 1051 EP - 1062 Y2 - 2024/04/24 ER -