www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Zhu Yuan

Learn pros and cons of market economy

By Zhu Yuan (China Daily)
Updated: 2010-10-13 08:03
Large Medium Small

How much do we know about capitalism? I don't think we know it a lot, at least not as thoroughly as we should.

When the domination of ideology jaundiced our understanding of the world, capitalism, in our minds' eye, was as bad as anything we could think of to suck the blood of workers. But when the country opened-up to the outside world, some went to another extreme, believing that we should learn everything from capitalism.

A recently published book entitled The Power of Companies enables us to have some basic knowledge of, and some insight into the development of, companies and capitalism in the West.

What strikes me most about the book- and I am a man without a mind for business - is the fact that the history of companies in the West, despite the wickedest things they did at the very beginning, does present a trajectory of progress when it comes to human civilizations.

To Chinese readers, what should make sense is the fact that the development of Chinese corporations was stunted by historical events and they caught up only in early 1980s when China introduced reform and opening-up.

In traditional Chinese culture, business people were looked down upon, since greed was considered as the root cause of many evils. Before reform and opening-up, making money was taboo and viewed as bourgeois behavior. The intrinsic desire for a better life and for wealth was suppressed. Allowed to reassert itself, it has gone to the other extreme: The pursuit of profits without scruples.

Some say that China must undergo a period of primitive accumulation, as it can hardly jump to the advanced stage of development in the West. I take such sayings as pretexts for pursuing profits at the expense of social justice, fairness and equality.

Corporate culture is something many Chinese tend to talk about when they mention competition and a market economy. They also talked a lot about the invisible hand in the early 1980s when the country had just opened-up to the outside world. It was believed that it was possible to guide the market economy to develop in a healthy manner. Yet, in talking about that, most only emphasized competition, without mentioning social responsibility and benevolence.

Even in the West, whose market economy is much older, the desire to pursue profits can frequently go too far, so that social justice and fairness are trampled underfoot in the headlong rush to make money.

John Maynard Keynes once said that capitalism meant the wickedest men will do the wickedest things for the greatest good of everyone. This, to a large extent, touches on the nature of capitalism. The problem is, of course, that sometimes they do the wickedest of things not for the greatest good of everyone, but for the greatest good of themselves.

The current financial crisis offers a most vivid example of how unscrupulous the pursuit of profits can be in the West. The issue for us now is what we should learn, and how, from Western capitalism.

As far as the ongoing market economy is concerned, nothing could be worse than the combination of China's guanxi or renqing and the pursuit of profit by hook or by crook. It's a symbiotic relationship that has contributed a great deal to the country's rampant corruption.

Apart from the regulation of guanxi or renqing by the applied rule of law, one thing that policy-makers must be aware of, is that not all that is practiced in the West is good and worthy of learning when it comes to a market economy. The various derivatives created by financial institutions on Wall Street have proved to be the culprit for the current financial turmoil. They are definitely not what our financial institutions should learn.

We need to know much more about companies and capitalism so as to take the correct path.

The author is a senior writer of China Daily. He can be reached at zhuyuan@chinadaily.com.cn

(China Daily 10/13/2010 page8)

主站蜘蛛池模板: 91精品视频播放 | 国产人成在线视频 | 亚洲在线第一页 | 特黄的欧美毛片 | 亚洲美女精品视频 | 国产成人亚洲毛片 | 成人国产在线不卡视频 | a一级毛片录像带 录像片 | 欧美人与鲁交大毛片免费 | 可以免费看黄色的网站 | 国产在线精品一区二区夜色 | 高清一级毛片免免费看 | 精品中文字幕在线观看 | 欧美另类视频一区二区三区 | 日韩美女免费视频 | 中文字幕一区二区三区精彩视频 | 久久思思爱 | 99久久99视频| 欧美日韩亚洲高清不卡一区二区三区 | 久草新在线观看 | 亚洲一级毛片在线播放 | 久久无码av三级 | 欧美一级大黄特黄毛片视频 | 99热只有精品一区二区 | 国产成人一级 | 日韩视频一区二区三区 | 国产精品国产自线在线观看 | 91国在线啪精品一区 | 99久久综合狠狠综合久久一区 | 成人自拍网站 | 性a爱片免费视频性 | 亚洲视频在线观看免费视频 | 国产精品夜色视频一级区 | 人妖欧美一区二区三区四区 | 99热成人| 日韩一页| 国产精品黄色 | 手机在线观看黄色网址 | 亚洲一区在线免费观看 | 久久国产精品久久精 | 欧美久久久久久久久 |