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Chinese Economy and Society - School Essays

Chinese Economy and Society

Before answering the question, I want to address mistaken impressions about the nature of the Chinese economy and society and about the iron rice bowl that a few students express in their posts. First, China's is neither a capitalist nor is it a state capitalist economy. China's is a communist economy whose form of government is a communist dictatorship. A central committee, a politburo, and a secretariat lead the Chinese Communist Party (CPC). China has allowed some elements of a market economy to exist in the context of its communist dictatorship. They view this as a capitalist phase necessary for China to evolve into an evolved communist state.

Wikipedia says this:

While the ...

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[HYPERLINK: http://en.wikipedia.org/wiki/Socialism_with_Chinese_characteristics], Deng Xiaoping Theory [HYPERLINK: http://en.wikipedia.org/wiki/Deng_Xiaoping_Theory], Three Represents [HYPERLINK: http://en.wikipedia.org/wiki/Three_Represents] and the Scientific Outlook on Development [HYPERLINK: http://en.wikipedia.org/wiki/Scientific_Outlook_on_Development]."

Wikipedia adds the following in its article on Chinese government:

Most, but not all, positions of significant power in the state structure and in the military are occupied by members of the Communist Party of China, which is controlled by the Politburo Standing Committee of the Communist Party of China [HYPERLINK: http://en.wikipedia.org/wiki/Politburo_Standing_Committee_of_the_Communist_Party_of_China], a group of 4 to 9 people, usually all older men, who make all decisions of national significance. As the role of the military is to enforce these decisions, the support of the PLA is important in maintaining Party ...

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industries. Rather, the vast majority of Chinese were (and are) peasants. Until the time of Deng Xiaopeng (from the late 1970s to the early 1990s) the Chinese peasants worked for collectivized farms that were unproductive. The result was that they were poor. The concept of an iron rice bowl had little meaning because the peasants were earning below subsistence in American terms. Deng allowed the peasants to cultivate private land. This dismantling of state interference and privatization of agriculture led to an explosion in agricultural productivity, and by the mid-1980s The Economist declared that the productivity growth of the Chinese peasant exceeded that of the Japanese auto ...

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Chinese Economy and Society. (2014, May 17). Retrieved November 23, 2024, from http://www.essayworld.com/essays/Chinese-Economy-and-Society/104101
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PAPER DETAILS
Added: 5/17/2014 07:57:46 AM
Submitted By: Wiz007
Category: Asian Studies
Type: Premium Paper
Words: 1695
Pages: 7

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