| Author: | Zhang, Dagen |
| Title: | Individual, state and market (original in Chinese) |
| Journal: | Economist (c)
1993 : MAY/JUN, 3, P.20-24 |
| Index terms: | |
| Freeterms: | MARKET ECONOMY, SOCIALIST ECONOMICS, SOCIALISM, CHINA |
| Language: | chi |
| Abstract: | The fundamental difference between market economy and planned economy is that individuals are radically different in their status and function in the economic life. The basic mainbody of market economy is the individuals who bring into full play the economic vitality which complies with liberal development of individual in socialism. At the same time, it is necessary to define the economic role and function of state, state must fulfil its duty and responsibility: even unnecessary intervention or over contraction even without macro-regulation and control. What we want is to coordinate organically the economic freedom of individual and necessary regulation of the state. |
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