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In the contemporary context this book can be considered as an untimely but salient defense of market capitalism and liberal democracy. Celebrating transition today is tantamount to upholding the decidedly superior values and achievements of a market system over a non-market one and that of a democratic system over a non-democratic one. It is definitely not to deny the failures, shortcomings or imperfections of market economy and democracy. Neither do I take the survival of market capitalism and liberal democracy for granted. On the contrary, by highlighting the glorious and painful process of transition and making an attempt to understand its economics and culture, I wish to contribute to the once again badly needed theoretical (academic) and practical (political) defense of Western civilization.
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