Chińska transformacja ustrojowa: socjalizm czy kapitalizm? Tertium datur
China’s System Transformation: Socialism or Capitalism? Tertium Datur
Author(s): Grzegorz W. KołodkoSubject(s): Economic history, Economic policy, Government/Political systems, Economic development, History of Communism
Published by: Instytut Nauk Ekonomicznych Polskiej Akademii Nauk
Keywords: comparative economics; capitalism; socialism; postsocialist transformation; state; property rights; enterprise; shortage; shortageflation; Kornai; China;
Summary/Abstract: The author tries to answer the question: Is China still building socialism or has it already built capitalism? Or maybe both? And maybe none of those two systems as, with the market reforms that deviate from the traditional socialism, it has created something different from the classical types of political and socio-economic regimes known from the 20th century? Some authors have proclaimed that there has been capitalism in China for some time, others claim that socialism has developed there, of course one with a Chinese characteristics. Shortages have been successfully eliminated, but the economic system is unbalanced, showing surpluses this time. So is it socialism, as the official Chinese authorities claim, or capitalism, as asserted by numerous economists? Tertium non datur? Not at all, as there are yet other possibilities of regime interpretations, and the most fascinating one is being offered by the present-day China, where a unique internal convergence has taken place during the last generation. Elements of socialism intermingle with elements of capitalism and vice versa, creating a new, different quality. Tertium datur.
Journal: Ekonomista
- Issue Year: 2018
- Issue No: 6
- Page Range: 633-663
- Page Count: 31
- Language: Polish
