2011•Shenyang Gongye Daxue xuebaoRequires access

On market socialism of economic democracy and socialist market economy

Lin Mei-qing

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Abstract

Schweickart believes that the best outlet of Chinese economic reform is market socialism of economic democracy.Although there are many similarities between his economic democracy pattern and the socialist market economy,such as the understanding of realization of relationship between market and socialism,the surmounting object,the enterprise democracy,the macroeconomic regulation and control,the system of ownership,and the international trade,etc.,but essential differences also exist,such as the background of proposing the theory,the origin,the practical path,and the concrete institution.China explores out a road of socialist market economy with Chinese characteristic and has obtained great achievements in practice,while Schweickart's economic democracy pattern is still stalemating in the fantasy stage.Therefore,China will not follow economic democracy pattern,but can profit from its reasonable elements.

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What this paper is about

Schweickart believes that the best outlet of Chinese economic reform is market socialism of economic democracy.Although there are many similarities between his economic democracy pattern and the socialist market economy,such as the understanding of realization of relationship between market and socialism,the surmounting object,the enterprise democracy,the macroeconomic regulation and control,the system of ownership,and the international trade,etc.,but essential differences also exist,such as the background of proposing the theory,the origin,the practical path,and the concrete institution.China explores out a road of socialist market economy with Chinese characteristic and has obtained great achievements in practice,while Schweickart's economic democracy pattern is still stalemating in the fantasy stage.Therefore,China will not follow economic democracy pattern,but can profit from its reasonable elements.

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Available abstract

Schweickart believes that the best outlet of Chinese economic reform is market socialism of economic democracy.Although there are many similarities between his economic democracy pattern and the socialist market economy,such as the understanding of realization of relationship between market and socialism,the surmounting object,the enterprise democracy,the macroeconomic regulation and control,the system of ownership,and the international trade,etc.,but essential differences also exist,such as the background of proposing the theory,the origin,the practical path,and the concrete institution.China explores out a road of socialist market economy with Chinese characteristic and has obtained great achievements in practice,while Schweickart's economic democracy pattern is still stalemating in the fantasy stage.Therefore,China will not follow economic democracy pattern,but can profit from its reasonable elements.

Key concepts: Market socialism, Democracy, Socialism, Economic democracy, China, Socialist market economy, Economic system, Economics

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