5min chapter

Odd Lots cover image

Isabella Weber on China’s Vision for Making Markets Work

Odd Lots

CHAPTER

Is There a Linear Trajectory?

In the late seven s, there is basically this huge ideological shift. In order to lay the foundations for socialism in the future, china had to back track on socialist organization and make up lessons from capitalism. So as such, the socialist ambition has been, in sumestance, postponed to some future date whenc that raises the question wether this implies that it has actally been given up. Ye, so the suptitle of the book is the market reform debates, rite and it's really about too competing understand ings of a how market economies work. And i think, if you like, talk to people about china, there's this assumption of a linear trajectory toward

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