Ideological Foundations of the Chinese Market Economy. The Socialist Market Economy With Chinese Characteristics Cover Image

Fundamente Ideologice Ale Economiei de Piaţă Chinezeşti. Economia Socialistă de Piaţă cu Caracteristici Chinezeşti
Ideological Foundations of the Chinese Market Economy. The Socialist Market Economy With Chinese Characteristics

Author(s): Lucian Jora
Subject(s): Politics / Political Sciences, Politics, International relations/trade
Published by: EDITURA INSTITUTULUI DE ȘTIINȚE POLITICE ȘI RELAȚII INTERNAȚIONALE ”Ion I. C. Brătianu”
Keywords: China; international relations; Chinese philosophy; political sciences;

Summary/Abstract: The speeches of the Chinese president use the concept Socialist market economy with Chinese characteristics/Socialism with Chinese characteristics, which in the CCP ideology appear as a continuity by adaptation of Marxism, Leninism, Maoism and Deng Xiaoping's theories. In PR China, SME differs from the ante-reform planned economy but also from the Western liberal market economy, implying the coexistence of market mechanisms with those of the planned economy under the control of the CCP. For Deng Xiaoping, SME had the role of burning the stages and accelerating the rate of economic growth as an objective of Socialism and also to demonstrate the superiority of the system over the capitalist system. Another feature of the system are state-owned companies belonging to various public entities but behaving competitively. The claims made by the West that the Chinese economy has become more capitalist than Western capitalism have no basis as long as the Beijing power controls all the mechanisms for defining and regulating the economy and does not hesitate to use them when it sees necessary.

  • Issue Year: XVIII/2021
  • Issue No: 4
  • Page Range: 58-68
  • Page Count: 11
  • Language: Romanian