Market socialism fits China. It is the kind of economic system which has to decentralize management decisions to a higher or lower ladder of micromangers. China has trillions of people. To centralize it under one central authority would be confusing, destructive, and unmanageable. What are a few million raw-boned starving vendors eking out on bare subsistence but still can feed and clothe all its 1 trillion citizens.
The Leninist-centralist economy or centralized planning fits North Korea, North Vietnamese and Cuba. There are less workers to manage. Vietnamese, North Korean and Cuban administrative officers have good aptitudes in comprehending and applying mathematical principles of operations research. They have much arable land unlike the old Soviet Union. My advise for them is to computerize the system. I have devised several mathematical applications and economic formulas that can be applied to make it more efficient.(They're for sale) The Soviet Union was able to manufacture capital and consumer goods. If the old Soviet Union had been a colony of the United States, I doubt if they can industrialize and manufacture capital goods for sale in Cuban market.
Che made the right decision to centralize inspite of his Maoist leanings which perturbed Fidel and Raul.
> One way to slowly move the greed machines such as Wal-Mart
> into at least the spirit of socialism, is to limit the pay
> of the highest paid person in the corporation to an amount
> not to be more than 10 times the wage of it's lowest paid
> employee. If they wish to make more, they will have ot pay
> more. It would at least get the mindset moving in the right
> direction.
>
> Just my thoughts.
> D
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