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In this book, Stephen Cohn of Knox College analyzes how and why neoclassical and new institutionalist economics replaced Marxist economics as the dominant political-economic paradigms inside China. The book examines the different ways that Marxist and neoclassical economists thought about rural restructuring, the reorganization of the international sector, and the performance of state owned enterprises. It finds the reconstruction of the Chinese economics profession in the image of the American profession reflected the impact of classical liberalism, the daily language of market-speak, and abandonment of questions about the construction of socialism.
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