An Analysis of the Development of China's Planned Economy and the Tortuous Course it has Trudged

Luo Gengmo

Chinese Economy, 1982, vol. 16, issue 2, 29-50

Abstract: In capitalist society, factory production is carried out in a planned way and in proper proportions. But owing to the antagonistic contradictions inherited in capitalist private ownership, overall social production cannot proceed in a planned way and invariably leads to anarchy.>sup>1>/sup> When the means of production are socialized and contradictions between social production and capitalist ownership are removed, anarchy will be removed from socialist production and will be replaced by a "planned and consciously organized production.">sup>2>/sup> While we may have reached a consensus on the socialist system of ownership of the means of production by all the people, we have not come to complete agreement on the question of whether, at the present stage of an underdeveloped economy, we should develop our economy in a planned way and through balanced growth of different sectors of economy. Some people even doubt whether a mixed economy possesses the superiority of a socialist system. In the following pages, we will examine this issue in light of the economic record of the last thirty years.

Date: 1982
References: Add references at CitEc
Citations:

Downloads: (external link)
http://mesharpe.metapress.com/link.asp?target=contribution&id=Y36V161522402860 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mes:chinec:v:16:y:1982:i:2:p:29-50

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MCES20

Access Statistics for this article

More articles in Chinese Economy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().