The market mechanism and the market morals
Liao Xiao-ping
Abstract
Liao Xiao-ping
Abstract
The mechanism of the market economy asks to change the old morals, and the foundation of the new morals exists in the mechanism of the market economy. The market mechanism not only produces a realistic basis, but also creates conditions for the action of the market morals. Generally, the more the market mechanism is perfect, the more the market morals can be realized. The market morals are important control power for market economy, especially in socialist markert economy.
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The mechanism of the market economy asks to change the old morals, and the foundation of the new morals exists in the mechanism of the market economy. The market mechanism not only produces a realistic basis, but also creates conditions for the action of the market morals. Generally, the more the market mechanism is perfect, the more the market morals can be realized. The market morals are important control power for market economy, especially in socialist markert economy.
Key concepts: Mechanism (biology), Nonmarket forces, Market mechanism, Economics, Factor market, Market power, Market economy, Socialist market economy