Published 2008-10-01
“…China’s macroeconomic policy, which has recently been described by Chinese policy makersas “a socialist
market economy” (Jie, 2004; Zhixin, 2004) but which effectively emerges as astruggle to balance socialism with free market capitalism, contains inherent contradictions.Socialism and free market capitalism are ideologically inconsistent with each other and sharediverse historical roots, with many socialist revolutions being a reaction to the markedeconomic disparities and class differences engendered by capitalist practices. …”
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