Ah, this is good to see. China’s "communist" rulers oppose price controls.
by Alex Tabarrok on July 16, 2007 at 1:00 pm in Economics | Permalink
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Bad to see and not good to see.Long live democratic socialism.
Bad to see and not good to see.Long live democratic socialism.
Rather than admit China’s commie economy is kickin’ America’s capitalist economy’s butt…just label the commies “capitalists?”
Dogma saved…
a, Alex’s post shows Chinese authorities rejecting price controls, and does not explicitly call them “capitalists”. Perhaps a more relevant comparison than “communist” China and “capitalist” America would be Hong Kong (when it was under British authority) to other coastal Chinese cities.
Paul N: Vulnerable to what? Do you think Singapore and Dubai are headed for disaster or something?
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