NetNews Usenet Archive 1992 #31/NN_1992_31.iso/spool/bit/listserv/politics/20524

Text File | 1992-12-22 | 1.7 KB | 36 lines

Comments: Gated by [e-mail]
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Date:         Tue, 22 Dec 1992 17:02:42 +0100
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From:         [e-mail]
Subject:      Re: logical error
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China runs a market economy?????  I am afraid it is simply not true.
Yes, China allowed private property on a limited scale, but most means
of production are still under state control. You might say: China was
able to feed its I bln people within a couple of years, this can not
be achieved without a wide-scale privatisation.  My response to this
would be: Even a limited privatisation can drastically raise the
living standards. For example, in Kadar's Hungary only 2 percent of
farms were in private ownership, but these 2 percent produced between
2O and 4O percent of all the agricultural produce. The same happenes
in China now. A limited number of private farms feed millions of
people. Still, most of industry and most of the land is the property
of the state.

As to nazis, they are not against free market. True, in Nazi Germany
the state and industry were closely intertwined, but the state didn't
control the whole economy.

Sam.