Mao and Markets : The Communist Roots of Chinese Enterprise

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Christopher Marquis, Kunyuan Qiao 978-0300263381 Yale University Press 2022

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It was long assumed that as China embraced open markets and private enterprise, its state-controlled economy would fall by the wayside, that free markets would inevitably lead to a more liberal society. Instead, China’s growth over the past four decades has positioned state capitalism as a durable foil to the orthodoxy of free markets, to the confusion of many in the West.

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