Here's my 2c worth:
The emphasis should be on the word "limited". Unfortunately, it appears that China is going whole-hog on market reform, to the extent of bringing back capitalism, with stockmarkets, & bringing capitalists into the CP of China, which is supposed to be the vanguard of the working class.
Can anybody tell me where "market socialism" ends, and capitalism begins? Where's the line?
Instead of promoting the formation of capitalist businesses (corporations) in China, why not promote the development of a coordinated network of production, marketing, & service cooperatives of various kinds, based on worker's power (not bourgeois power), and democratic (elected) management, instead of a hierarchical, elitist system which will tend to promote alienation?
This would also bring a certain level of healthy competition into play, which would promote quality, while avoiding the pathological, "dog-eat-dog" competition of capitalism.
Instead of allowing the proliferation of privately-owned banks, & the formation of a class of banking capitalists, why not promote credit unions, based on principles of economic democracy? That would be a rising tide that lifts all boats, instead of having a few enrich themselves using sweat-shop labor, and becoming a new ruling class.
With modern computer technology, who needs capitalism? Consumer needs & demands could be readily tracked. The input provided from data regarding what consumers want & are actually buying would help determine what should be produced, & how & where it should be distributed.
Has the CP of China even discussed cooperative development strategies as a alternative to capitalist restoration?
dave zink
> I support a limited amount of market reform of the
> socialist system. This is only because I can think of no
> better way to balance supplies with the needs and demands
> of the consumers.
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