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Can a socialist planned economy work, and work in a way that leads away from the exploitation, inequality, and greed of capitalism? The defenders of capitalism say no. But Maoist Economics and the Revolutionary Road to Communism, a pathbreaking book about the Maoist experience from 1949 to 1976, in which one quarter of humanity transformed an economy, a society, and themselves through socialist revolution…A visionary work written by Maoist forces during the Cultural Revolution that the present rulers of China have suppressed…A valuable contribution to the ongoing discussion and debate about the nature, purposes, and feasibility of a planned socialist economy…A book for all who dream of and struggle for a new world.
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“In an era shocked by the collapse of state capitalism in the Soviet Union, it is encouraging to be reminded of socialism’s success in China’s revolutionary phase and this study sets out, luckily and confidently, the theory which successful practice expressed. It throws light not only back on how China developed before the great reversal there, but may conceivably also throw light forward.”
NEVILLE MAXWELL
Senior Research Fellow, University of Oxford
“This is a volume of historical importance published by Mao’s supporters during the height of the Cultural Revolution in China. The text advances many crucial as well as controversial themes about the task of socialist construction and the dangers of capitalist restoration in post-revolutionary societies. This is an ‘inside’ source focusing on ideological debates of theoretical significance. One certainly need not agree with particular views in this volume-for instance, the applicability of the law of value to socialist society-to appreciate its systematic treatment of the issues. A must for students of political economy and Chinese studies.”
CYRUS BINA
Political Economist and Research Fellow
CMES, Harvard University
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