1. The Market-Socialist Economy Of China
... necessary to keep a greater degree of control over a private market than might be thought appropriate in a more "free market- environment. Communist Party leaders still believe in public ownership, and they worry that further privatization will spell the end of the party's monopoly on power. Markets, in the ... transactions that make up the so-called market are always capable of generating social problems and sometimes very severe social problems. For many Chinese leaders, these problems are simply possible outcomes of normal market functioning. The Chinese leadership may very well make...
- Word Count: 1161
- Approx Pages: 5
- Grade Level: Undergraduate