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Is the East still red? : socialism and the market in China

Blank, Gary2015
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Does China represent a non-capitalist alternative to neoliberal development models? Commentators on the left have offered sharply divergent assessments over the last two decades. A few still cling the old dream of market socialism, twinning efficiency with social justice. For most, however, China is proof that market reforms invariably yield dispossession, inequality, and capitalist restoration. This title argues that both interpretations are wrong and exhibit a common failure to distinguish between market mechanisms and capitalist imperatives.

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