http://www.sourcing-from-china.com/if-chinas-market-economy-causes-economic-growth-for-them-why-did-they-have-a-planned-economy-before/ Sourcing from china review. china products sourcing,sourcing in china Tue, 26 Oct 2010 07:33:09 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.sourcing-from-china.com/if-chinas-market-economy-causes-economic-growth-for-them-why-did-they-have-a-planned-economy-before/comment-page-1/#comment-759 is it 5 yet? Fri, 07 Aug 2009 10:01:05 +0000 http://www.sourcing-from-china.com/if-chinas-market-economy-causes-economic-growth-for-them-why-did-they-have-a-planned-economy-before/#comment-759 It must have seemed like a good idea at the time, but you know what they say about good intentions. Hey, better to see the light late rather than never... It must have seemed like a good idea at the time, but you know what they say about good intentions.
Hey, better to see the light late rather than never…

]]> http://www.sourcing-from-china.com/if-chinas-market-economy-causes-economic-growth-for-them-why-did-they-have-a-planned-economy-before/comment-page-1/#comment-758 Anonymous Fri, 07 Aug 2009 03:40:46 +0000 http://www.sourcing-from-china.com/if-chinas-market-economy-causes-economic-growth-for-them-why-did-they-have-a-planned-economy-before/#comment-758 There have always been people who rise to power who want to tell others how to do things. They 'know', and force others to comply. History is full of such dictators and their demise but that doesn't stop new ones appearing. Nationalists overthrew the Manchu Dynasty, then Communists overthrew them. Mao Zedong's Red Army seized control, claimed a 'Cultural Revolution', and directed China's production but central planning was not providing the goods people needed. Famines were common and products were scarce. Recent Chinese leaders are slowly reforming policies to permit some market forces to prevail, which has released pent up industriousness and demand. There are few if any pure market economies. Markets are mostly 'mixed', with various proportions of freedom (to buy and sell whatever you want), and restrictions (taxes, duties, regulations, quotas, prohibitions). There have always been people who rise to power who want to tell others how to do things. They ‘know’, and force others to comply. History is full of such dictators and their demise but that doesn’t stop new ones appearing.
Nationalists overthrew the Manchu Dynasty, then Communists overthrew them.
Mao Zedong’s Red Army seized control, claimed a ‘Cultural Revolution’, and directed China’s production but central planning was not providing the goods people needed. Famines were common and products were scarce.
Recent Chinese leaders are slowly reforming policies to permit some market forces to prevail, which has released pent up industriousness and demand.
There are few if any pure market economies. Markets are mostly ‘mixed’, with various proportions of freedom (to buy and sell whatever you want), and restrictions (taxes, duties, regulations, quotas, prohibitions).

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