This title was first published in 1977. Fundamentals of Political
Economy is a popular introductory economics text published in the
People's Republic of China in 1974 as a part of the Youth
Self-Education series designed particularly for individual or group
study. The primary purpose of this series, according to the
preface, is to elevate the cultural level of the youths going down
to the countryside, to advance their knowledge of the social and
natural sciences, as well as to arouse their class consciousness.
It was originally published in two volumes. The first volume (11
chapters) is a critical review of the historical development of
capitalism. The second volume (12 chapters) deals with Marxist
economic principles and the manner in which they are applied in
China.
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