What Is Aggressive Asset Allocation?

The radical economics school is an economic school that attempts to use Marxist views to analyze and criticize contemporary bourgeois vulgar economics and modern capitalism, and claims to implement socialism in Western countries. Radical Economics is also known as "Political Economy of the NewLeft." In the 1960s, due to the frequent occurrence of capitalist crises, Keynesianism was unable to cure the ills of capitalism, and economists took a different approach. Various schools of thought came out. The New Left movement broke out in the West, and a large-scale academic wave prompted American college students to establish the Radical Economic Association. The composition of radical economics is very complicated. It includes both Marxist scholars and some left liberals, social democrats, anarchists, and radicals. Influential people include Paul A. Baran, Paul S. N. Sweezy, Har-ry Mogdoff, and others. The radical economics school believes that their historical mission is to end capitalism and work for socialism. It advocates the abolition of private ownership, the implementation of the public ownership of the means of production, the production of goods and services controlled by worker producers, the true equal distribution of income and wealth, and the establishment of a society for use instead of production for profit. ^[1]

Radical economics

In fact, the views belong to this genre and have considerable influence, there are some older economists, such as Balan,

The common positions and basic views of radicals actually reflect the dissatisfaction of radical economists with mainstream economics. Some people have summarized the radical shortcomings of mainstream economists in five points:

1. Paying insufficient attention to the importance of income distribution

Radical Economics Book Information

Criticism and Transcendence: A Review of Western Radical Economics

Author: HE Yu-long

ISBN: 9787801700346

Pages: 298

Price: 18.0

Publisher: Contemporary China Press

Binding: paperback (no disk)

Publication year: 2002-1-1

Introduction to Radical Economics

After several years of research and cooperation, the "Foreign Economics and Contemporary Chinese Economics Series" was finally published. It contains 8 monographs related to Russian and Eastern European economics, radical economics, comparative economics, and neo-liberal economics. Among them, some works are rare to fill the gap in domestic research.

The research features of the series are: first, the use of Marxist economic theory, scientific reference and criticism of foreign economic theory; second, the integration of Chinese and foreign, focusing on the analysis of the impact of various foreign economic thoughts on China's economic development and reform; third, rich and novel literature, The materials are very extensive; the fourth is the style of writing, combining academicity and readability.

Author brief introduction of radical economics

He Yuchang, born in Susong, Anhui, was born in November 1953 in Hukou, Jiangxi. He graduated from Jiangxi University with a bachelor's degree in philosophy in January 1982; graduated from Xiamen University with a PhD in economics in June 1997; was assigned to teach at Shanghai University of Finance and Economics in July of the same year; and was promoted to professor in June 1999. He has successively served as the deputy director of the Department of Economics of Shanghai University of Finance and Economics, the dean of the School of Economics and the chairman of the Department of Economics, and the secretary of the Party branch of the School of Economics. Served as "Socialist Economics", "Chinese Macroeconomic Analysis", and "Economics" courses for undergraduates; "Socialist Economic Theory", "Economics of Property Rights", "History of Marxist Economic Thought", Study of Political Economy Originals "and other courses. His main research fields are economic theory and property rights economics. Serve as a doctoral tutor for political economics.

Main academic works: "Proprietary Structure and Governance Structure of State-owned Companies" (Shanghai University of Finance and Economics Press 1997 Edition); "Social Development Strategies of Developed Countries" (Yunnan People's Publishing House 1997 Edition); "Knowledge is Power-Knowledge Moving to the Forefront" Economics "(Guangdong Tourism Press, 1999);" On the Development of Regional Economy in China's Shallow Inland Province "(People's Publishing House, 1996 Edition);" Criticism and Transcendence: A Review of Western Radical Economics "(Contemporary China Press, 2002) Annual Edition); "The Changes of New China's Economic System and Economic Performance" (China Material Press, 2002). He has published more than 80 papers in domestic and foreign journals such as "Economic Trends", "China Industrial Economy", "China Economic Review" (New York), and "Journal of St. Petersburg University". Won 1 item of the 11th China Book Award, 2 items of provincial and municipal excellent social science achievements; 1 item of Shanghai outstanding teaching achievement award; 1 item of Shanghai Education Development Fund Shenyin Wanguo Teaching Award; 1st teaching and education of Shanghai University of Finance and Economics Pacemaker; Shanghai Yucai Award.