When the Chinese economic reforms began in 1978, Marxist economics infused all the institutions of economic theory in China, from academic departments and economics journals to government departments and economic think tanks. By the year 2000, neoclassical economics dominated these institutions and organized most economic discussion. This book explains how and why neoclassical economic theory replaced Marxist economic theory as the dominant economics paradigm in China. It rejects the idea that the rise of neoclassical theory was a triumph of reason over ideology, and instead, using a sociology of knowledge approach, links the rise of neoclassical economics to broad ideological currents and to the political-economic projects that key social groups inside and outside China wanted to enable. The book concludes with a discussion of the nature of economic theory and economics education in China today.
Table of Contents
1. Introduction and Overview
2. Factors Shaping Chinese Economics Theory and Education
3. The Historical Context for the Evolution of Chinese Economic Theory
4. Economic Restructuring in the Countryside 1978-2001
5. Economic Restructuring in the International Sector
6. Economic Restructuring of State Owned Enterprises
7. Sociology of Knowledge Lessons
8. Evolution of Chinese Economics Education 1978-2000: The Spread of Neoclassical Economics
9. Chinese Economic Theory and Economics Education in the 21st Century
10. Conclusion: Situating Chinese Events in a Global Pattern and Speculations about the Future
Steve Mark Cohn is a Professor in the Department of Economics at Knox College, Galesburg, Illinois, USA.