Come the next election, local and General let us left thinkers snuff out New Labour.

[Spion]

What on earth gave you that idea?

Because that was the case and I don't know what progress the reforms have made. If you'd like to provide some useful information on the extent of private property and capitalist economic relations in China, go ahead. I'm all ears

just found this:

http://www.ucm.es/info/eid/pb/McMillanNaughton92.pdf

"the financial system misdirects funds, with state banks being unable to refuse loans to state enterprises, however unproductive, and non-state firms having restricted access to credit; agricultural production is distorted by the continuing state regulation of grain output; government policy keeps urban incomes artificially high and rural incomes artificially low; labour markets are inadequate or non-existent; the lack of basic laws of exchange and contract is a hindrance to both state and nonstate firms; and property rights are ill-defined."

"China is still far short of an efficiently operating economy. But China’s reforms have met with measurable success: entry
of entrepreneurial firms has generated vigorous growth, so much so that by 1990 non-state firms were producing almost a half of industrial output; state-owned firms have become more productive; agricultural output has soared; the price system has been effectively realigned; the fiscal and monetary systems have been changed in ways that reinforce the shift to a market economy;

 

[butchersapron]

Because that was the case and I don't know what progress the reforms have made. If you'd like to provide some useful information on the extent of private property and capitalist economic relations in China, go ahead. I'm all ears

There's been rather a lot of changes taking place in China recently - you may have heard about them? One of the them is an amendment to the constitution legally enshrining the right to private property. Of course this was merely a formal recognition of what had been actually existing practice for many years.

 

[Spion]

There's been rather a lot of changes taking place in China recently - you may have heard about them? One of the them is an amendment to the constitution legally enshrining the right to private property. Of course this was merely a formal recognition of what had been actually existing practice for many years.

Any recent assessments of the progress of the reforms there you can recommend?

 

[butchersapron]

Any recent assessments of the progress of the reforms there you can recommend?

You could try the latest edition of Aufheben - very useful article there. Giovanni Arrighi's Adam Smith in Beijing helps situate recent developments in a wider global/historical context.

 

[Brainaddict]

I was under the impression that there is no private property in the means of production and that the vast bulk of the economy is bureacratically planned.

And market-based healthcare, you say? Remarkable. Any links to illustrate this?

Well, partially market-based (like most of china now) - the government owns most of the hospitals but you have to pay. And unlike here, the hospitals have to make a profit. It's all hideously complicated. You can get health insurance, but most of that is state-run still. And a lot of poor people have no insurance.

China has now officially endorsed private property - http://news.bbc.co.uk/1/hi/world/asia-pacific/3509850.stm
But a lot of factories and so on have been privately owned for a long time now - though their relationship to the state is often complicated. As I understand it, the economy is bureacratically planned these days only in the sense that the central government sets out frameworks for various state actors to compete with each other - harnessing the forces of capitalism using the state in a way that Gorden Brown probably has wet dreams about.

 

[Jografer]

Yeah, that's right, cos if I was campaigning in my locale I'd be talking about EXACTLY the same things as I have done here

... which is fair enough...

... how have you got on replacing NuLab in elections btw...

 

[Spion]

... which is fair enough...

... how have you got on replacing NuLab in elections btw...

NuLab were replaced in my constituency last time, as it happens

 

[Spion]

You could try the latest edition of Aufheben - very useful article there. Giovanni Arrighi's Adam Smith in Beijing helps situate recent developments in a wider global/historical context.

Ta. I'll check em out

 

[Spion]

Well, partially market-based (like most of china now) - the government owns most of the hospitals but you have to pay. And unlike here, the hospitals have to make a profit. It's all hideously complicated. You can get health insurance, but most of that is state-run still. And a lot of poor people have no insurance.

China has now officially endorsed private property - http://news.bbc.co.uk/1/hi/world/asia-pacific/3509850.stm
But a lot of factories and so on have been privately owned for a long time now - though their relationship to the state is often complicated. As I understand it, the economy is bureacratically planned these days only in the sense that the central government sets out frameworks for various state actors to compete with each other - harnessing the forces of capitalism using the state in a way that Gorden Brown probably has wet dreams about.

Ta. I stand corrected.

I would like to be able to assess exactly how far along the road they have got and what shocks the process could provide

 

[brasicritique]

Branson and Murdoch having a fight?

Nope thats old media versus new media

 

[Equalrights]

I am totally fed up of all these Charlatans from all the 3 main parties, we are plagued with these "Richboy/Oxbridge Scum" who dont know what is like to be poor so are totally out of touch with common people,so end up making daft policies that hurt the poor even more, and cause more crimes on our streets.