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Socialist Market Economy
The socialist market economy (SME) is the economic system and model of economic development employed in the China, People's Republic of China. The system is a market economy with the predominance of public ownership and State-owned enterprises of China, state-owned enterprises. The term "socialist market economy" was introduced by Jiang Zemin during the 14th National Congress of the Chinese Communist Party, 14th National Congress of the Chinese Communist Party (CCP) in 1992 to describe the goal of China's economic reforms. Originating in the Chinese economic reforms initiated in 1978 that integrated China into the Globalization, global market economy, the socialist market economy represents a primary stage of socialism, preliminary or "primary stage" of developing socialism. Some commentators describe the system as a form of "state capitalism", while others describe it as an original evolution of Marxism, in line with Marxism–Leninism similar to the "New Economic Policy" ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic System
An economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within an economy. It includes the combination of the various institutions, agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community. An economic system is a type of social system. The mode of production is a related concept. All economic systems must confront and solve the four fundamental economic problems: * What kinds and quantities of goods shall be produced: This fundamental economic problem is anchored on the theory of pricing. The theory of pricing, in this context, has to do with the economic decision-making between the production of capital goods and consumer goods in the economy in the face of scarce resources. In this regard, the critical evaluation of the needs of the society based on population distribution in terms of age, sex, occupation, and geography is very ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deng Xiaoping
Deng Xiaoping also Romanization of Chinese, romanised as Teng Hsiao-p'ing; born Xiansheng (). (22 August 190419 February 1997) was a Chinese statesman, revolutionary, and political theorist who served as the paramount leader of the People's Republic of China from 1978 to 1989. In the aftermath of Mao Zedong's Death and state funeral of Mao Zedong, death in 1976, Deng succeeded in consolidating power to lead China through a period of reform and opening up that transformed its economy into a socialist market economy. He is widely regarded as the "Architect of Modern China" for his contributions to socialism with Chinese characteristics and Deng Xiaoping Theory. Born in Sichuan, the son of landowning peasants, Deng first learned of Marxism–Leninism while studying and working abroad in France in the early 1920s through the Work-Study Movement. In France, he met future collaborators like Zhou Enlai. In 1924, he joined the Chinese Communist Party (CCP) and continued his studies in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cui Zhiyuan
Cui Zhiyuan (), born in Beijing in 1963, is a professor at the School of Public Policy and Management in Tsinghua University, Beijing, and a leading member of the Chinese New Left, even besides he sees the Chinese New Left as neoauthoritarian, through his work on alternatives to neo-liberal capitalism. Biography Cui first gained fame as a post-graduate student in 1994 when he published an article named ''Institutional Innovation and the Second Thought Liberation''. He then went on to publish the book ''Nanjie Village'', which along with his previous publications earned him the reputation as one of the founding members of China's New Left movement. Cui was also one of the first scholars to introduce game theory to China. Cui is an admirer of James Meade's work on liberal socialism, reflected in his article ''Xiaokang Socialism: A Petty-Bourgeois Manifesto''. Following Meade's theory, Cui was the first scholar to propose a systematic social dividend program in China, in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Planning
Economic planning is a resource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution. Planning is a mechanism for the allocation of resources between and within organizations contrasted with the Market (economics), market mechanism. As an allocation mechanism for socialism, economic planning replaces factor markets with a procedure for direct allocations of resources within an interconnected group of Social ownership, socially owned organizations which together comprise the productive apparatus of the economy. There are various forms of economic planning that vary based on their specific procedures and approach. The level of centralization or decentralization in decision-making depends on the specific type of planning mechanism employed. In addition, one can distinguish between centralized planning and decentralized planning. An economy primarily based on planning is referred to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Socialism
Market socialism is a type of economic system involving social ownership of the means of production within the framework of a market economy. Various models for such a system exist, usually involving cooperative enterprises and sometimes a mix that includes public or private enterprises. In contrast to the majority of historic self-described socialist economies, which have substituted the market mechanism for some form of economic planning, market socialists wish to retain the use of supply and demand signals to guide the allocation of capital goods and the means of production. Under such a system, depending on whether socially owned firms are state-owned or operated as worker cooperatives, profits may variously be used to directly remunerate employees, accrue to society at large as the source of public finance, or be distributed amongst the population in a social dividend. Market socialism can be distinguished from the concept of the mixed economy because most models of m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Security
''International Security'' is a peer-reviewed academic journal in the field of international and national security. It was founded in 1976 and is edited by the Belfer Center for Science and International Affairs at Harvard University and published four times a year by MIT Press, both of Cambridge, Massachusetts Cambridge ( ) is a city in Middlesex County, Massachusetts, United States. It is a suburb in the Greater Boston metropolitan area, located directly across the Charles River from Boston. The city's population as of the 2020 United States census, .... The current editor-in-chief is Steven E. Miller (Harvard). ''International Security'' is among the leading journals in the field of international relations. According to '' Journal Citation Reports'', it has a 2017 impact factor of 4.135, ranking it 2nd out of 85 journals in the category "International Relations". Along with '' Security Studies'', it is among the most prominent journals dedicated to security studies. Ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Current History
''Current History'' is the oldest extant United States–based publication devoted exclusively to contemporary world affairs. The magazine was founded in 1914 by George Washington Ochs Oakes, brother of ''The New York Times'' publisher Adolph Ochs, in order to provide detailed coverage of World War I. ''Current History'' was published by the New York Times Company from its founding until 1936. Since 1942 it has been owned by members of the Redmond family; its current publisher is Daniel Mark Redmond. ''Current History'', based in Philadelphia, maintains no institutional, political, or governmental affiliation. It is published monthly, from September through May. Seven issues each year are devoted to world regions (China and East Asia, Russia and Eurasia, the Middle East, Latin America, Europe, South Asia, and Africa); one issue covers current global trends; and one issue addresses a special theme such as climate change or global governance Global governance (or world govern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Party-state Capitalism
Party-state capitalism ( zh, t=黨國資本主義) is a term used by some economists and sociologists to describe the contemporary economy of China under the Chinese Communist Party (CCP). The term has also been used to describe the economy of Taiwan under the military government of the Kuomintang (KMT). The term is not used by the Kuomintang itself; it was coined by Taiwanese economists, such as Chen Shih-meng and Cyrus Chu, in their research report ''Deconstructing the KMT-State Capitalism'' (). According to academic Ho-fung Jung of Johns Hopkins University, "China's state capitalism departs from state capitalism in other countries in that the power of the CCP in the economy goes far beyond SOEs. Some, therefore, conceptualize China's political economy as a unique 'party-state capitalism.'" Characteristics Margaret Pearson, Meg Rithmire, and Kellee S. Tsai have proposed to use the term "party-state capitalism" as a variant of state capitalism to conceptualize the politic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Authoritarian Capitalism
Authoritarian capitalism, or illiberal capitalism, is an economic system in which a capitalist market economy exists alongside an authoritarian government. Related to and overlapping with state capitalism, a system in which the state undertakes commercial activity, authoritarian capitalism combines private property and the functioning of market forces with restrictions on dissent, complete lack of freedom of speech or significant limits on it, and either a lack of elections or an electoral system with a single dominant political party. Countries commonly referred to as being authoritarian capitalist states include China since the economic reforms, Hungary under Viktor Orbán, Russia under Vladimir Putin, Chile under Augusto Pinochet, Peru under Alberto Fujimori, Singapore under Lee Kuan Yew and Turkey under Recep Tayyip Erdoğan as well as military dictatorships during the Cold War which were backed by the United States. Political scientists disagree on the long-run sustai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beijing Consensus
The Beijing Consensus ( zh, 北京共识) or China Model ( zh, 中国模式), also known as the Chinese Economic Model, is the political and economic policies of the People's Republic of China (PRC)Zhang Weiwei,"The allure of the Chinese model", ''International Herald Tribune'', 2 November 2006. that began to be instituted by Hua Guofeng and Deng Xiaoping after Mao Zedong's death in 1976. The policies are thought to have contributed to China's "economic miracle" and eightfold growth in gross national product over two decades."Commentator doubts efficacy of "Chinese model" for Iran", BBC Monitoring Middle East - Political ondon4 May 2002: 1. In 2004, the phrase "Beijing Consensus" was coined by Joshua Cooper Ramo to frame China's economic development model as an alternative—especially for developing countries—to the Washington Consensus of market-friendly policies promoted by the IMF, World Bank, and U.S. Treasury. In 2016, Ramo explained that the Beijing Consensus shows not ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Routledge
Routledge ( ) is a British multinational corporation, multinational publisher. It was founded in 1836 by George Routledge, and specialises in providing academic books, academic journals, journals and online resources in the fields of the humanities, behavioral science, behavioural science, education, law, and social science. The company publishes approximately 1,800 journals and 5,000 new books each year and their backlist encompasses over 140,000 titles. Routledge is claimed to be the largest global academic publisher within humanities and social sciences. In 1998, Routledge became a subdivision and Imprint (trade name), imprint of its former rival, Taylor & Francis, Taylor & Francis Group (T&F), as a result of a £90-million acquisition deal from Cinven, a venture capital group which had purchased it two years previously for £25 million. Following the merger of Informa and T&F in 2004, Routledge became a publishing unit and major imprint within the Informa "academic publishing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Common Prosperity
Common prosperity ( zh, s=共同富裕, hp=Gòngtóng fùyù) is a Chinese Communist Party (CCP) political slogan and stated goal to bolster social equality and economic equity. Under the leadership of CCP chairman Mao Zedong, common prosperity meant collective ownership. Paramount leader Deng Xiaoping redefined the way to achieve common prosperity by saying that some could get rich before others. Under the leadership of CCP general secretary Xi Jinping, the term gained large-scale prominence, with Xi defining common prosperity as more equal distribution of income but also saying that it is not uniform egalitarianism. History Yu Yongyue and Wang Shiming of the Institute of Party History and Literature of the CCP Central Committee wrote that "common prosperity has always been the ideal pursued by the Chinese people for thousands of years". The article said that the concepts and ideas of common prosperity has its roots in historical China, including ideas and works such as the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
