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The widening gap between the rich and the poor worldwide in the past 40 years has prompted people to reflect on the #neoclassical economics that prevailed, not only reviewing #Keynesianism, but also going over the political economy represented by Adam Smith.
There is also a social ethical perspective besides the market and government perspectives，according to CF40 member Peng Wensheng. mp.weixin.qq.com/s/upwEkbRlSpdT…
The neoclassical school believes that the value of a commodity depends on its utility provided to consumers.
