EdwardBaiamonte
Platinum Member
- Nov 23, 2011
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They could be solving simple poverty on an at-will basis and ensuring full employment of resources in their housing market, simply by being better socialists.
yes dear they could be but economists who create their system say they are doing Republican capitalism. Here are the two best books on subject from which to begin your education:
"Capitalism With Chinese Characteristics"
"How China Became Capitalist"
Subj: China third plenum
The reform outline from the 18th Central Committee's Third Plenum includes expanded private property
Wu Jinglian, the country's leading free-market economist and a drafter of past reforms, told Caixin magazine that this plenum is most significant for its endorsement of the idea that market forces allocate resources more efficiently than government. This in turn justifies the need to construct open, competitive and orderly markets. That seems right and could make this plenum another watershed moment in China's emergence from its Maoist lost decades.