9 thoughts on “On China

  1. renudepride says:

    A very interesting discussion in that both of Professor Wolf’s interpretations of both socialism and capitalism may be theoretically correct but most of us know that practically they were so removed from reality. Cool post. Naked hugs, my Kenyan brother!


  2. Barry says:

    As a citizen of a nation that has had a mixed economy (socialism and capitalism) for more than a century, I tend to agree with Wolff’s evaluation. If you look back in our history, our most rapid growth has occurred when the state was most actively involved in the economy.


  3. basenjibrian says:

    “Free market” when it comes to funneling profits to The Owners.
    “Socialism” when it comes to who pays the costs and externalities.


  4. […] via On China — Random thoughts […]


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