Author Topic: w00t free market GO  (Read 1134 times)

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Offline Nuclear1

  • 211
http://news.bbc.co.uk/2/hi/asia-pacific/6429317.stm

Quote
China has unveiled a landmark law that will boost the protection of private property rights.
This is the first piece of legislation in the Communist country to cover an individual's right to own assets.

Analysts say the move is an important step away from Chinese egalitarianism and towards a market economy.
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Offline Rictor

  • Murdered by Brazilian Psychopath
  • 29
That's 'cause they're facing protests all over the country by people who were forced our of their homes by big land developers. Hopefully this will law will cut down on that a bit, although having laws and enforcing them are quite different matters (see Russia) .

 

Offline Windrunner

  • 210
  • The Hammer.
I think its a step in the right direction, but they still have a long way to go, for example thier local authorities are corrupt and they don't give a damn about thier people.
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That's 'cause they're facing protests all over the country by people who were forced our of their homes by big land developers. Hopefully this will law will cut down on that a bit, although having laws and enforcing them are quite different matters (see Russia) .

Stalin or no Stalin? :P

 

Offline Kosh

  • A year behind what's funny
  • 210
I think its a step in the right direction, but they still have a long way to go, for example thier local authorities are corrupt and they don't give a damn about thier people.


This is the issue with governance in China:

You have the inside track who are the elites. They are competant, generally know what they are doing, and genuinely care about making China a better country for its people. These guys make plans that are usually well thought out and (most of the time) well intentioned.

Then you have the outside track. They are the local officials whom are often are either corrupt, incompetant, or both. Some of them are good, but many are not. They tend to botch the implementation of the plans that the inner track make, or choose to ignore the inner track all together. There have been many cases in recent years of local officials defying the central government. Sometimes the central government hears about the illegal land siezures and actually tries to put a stop to it, but unfortunately that doesn't always happen.
"The reason for this is that the original Fortran got so convoluted and extensive (10's of millions of lines of code) that no-one can actually figure out how it works, there's a massive project going on to decode the original Fortran and write a more modern system, but until then, the UK communication network is actually relying heavily on 35 year old Fortran that nobody understands." - Flipside

Brain I/O error
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Offline redmenace

  • 211
I think its a step in the right direction, but they still have a long way to go, for example thier local authorities are corrupt and they don't give a damn about thier people.


This is the issue with governance in China:

You have the inside track who are the elites. They are competant, generally know what they are doing, and genuinely care about making China a better country for its people. These guys make plans that are usually well thought out and (most of the time) well intentioned.

Then you have the outside track. They are the local officials whom are often are either corrupt, incompetant, or both. Some of them are good, but many are not. They tend to botch the implementation of the plans that the inner track make, or choose to ignore the inner track all together. There have been many cases in recent years of local officials defying the central government. Sometimes the central government hears about the illegal land siezures and actually tries to put a stop to it, but unfortunately that doesn't always happen.
I thought the chinese government was also siezing land for the Olympics and not paying people as well?
http://boycott2008games.blogspot.com/2006/10/video-on-land-seizures.html
Government is the great fiction through which everybody endeavors to live at the expense of everybody else.
              -Frederic Bastiat