ABSTRACT
This conclusion presents some closing thoughts on the key concepts discussed in the preceding chapters of this book. The book discusses the nature of Chinese economic thought and economics education and the forces influencing their evolution. It highlights the importance of paradigmatic frames in economic thought and the role of texts and subtexts in distinguishing paradigms. The book explores the forces inside and outside China promoting the replacement of Marxist economics by neoclassical economics as the dominant economic paradigm in China. It focuses on the historical context for the evolution of Chinese economic thought from 1976–2001 and the pattern of change across five generations of Chinese economists. It then illustrates the powerful framing effects of paradigms on economic analysis in the rural, international, and state-owned-enterprise sectors. The book analyzes how and why neoclassical economics replaced Marxist economics as the dominant paradigm organizing Chinese economics education.
