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The market mechanism and the market morals

Liao Xiao-ping

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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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What this paper is about

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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Available 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.

Key concepts: Mechanism (biology), Nonmarket forces, Market mechanism, Economics, Factor market, Market power, Market economy, Socialist market economy

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