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The New Economic Paradigm: Towards Market Socialism

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Reforming the Revolution
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Abstract

The post-Mao era has brought fundamental changes in official Chinese thinking about the nature of socialist economics and development. While few elements of the new paradigm are entirely new (they were already being discussed in the mid-1950s and experimented with in the early 1960s) they have developed in an unprecedented way to form a new orthodoxy for China’s socialist development and have provided the theoretical basis of the programme of economic reform launched by the Third Plenum of the CCP’s Eleventh Central Committee in December 1978. In the rest of this chapter I shall refer to this new thinking as the ‘reform paradigm’.

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© 1988 Gordon White

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White, G. (1988). The New Economic Paradigm: Towards Market Socialism. In: Benewick, R., Wingrove, P. (eds) Reforming the Revolution. Palgrave, London. https://doi.org/10.1007/978-1-349-19555-8_6

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  • DOI: https://doi.org/10.1007/978-1-349-19555-8_6

  • Publisher Name: Palgrave, London

  • Print ISBN: 978-0-333-42663-0

  • Online ISBN: 978-1-349-19555-8

  • eBook Packages: Palgrave History CollectionHistory (R0)

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