Abstract

The controversy over the transformation of socialism recently has focused on China. The analysis here uses an industrial ORGANIZATION framework to portray the key features of “Socialism with Chinese Characteristics.” The structures of ownership, supply, and demand and the process of price formation are analyzed to explicate the ramifications of the reform process and the changing patterns of government intervention and market forces in the Chinese food economy. An examination of this. fusion reveals a number of implications for international socialism.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.