2008Journal of Hebei Polytechnic UniversityRequires access

Study on Government Functions Under the Logic of Market Economy

Chi Zhong-jun

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Abstract

The logic of rational product accounting,currency exchange media and contract equity embodies the nature of the economy that individual entities with equal rights pursue maximum interest initiatively under the competitive mechanism.The combination of socialism with economy relieves the whole logic of the capitalist economy.The construction of government functions under the conditions of the socialist economy should consider comprehensively the logical unity of displaying superiority of socialism,protecting vitality and avoiding market failure,so as to effectively respond to demand and improve government function with means.

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The logic of rational product accounting,currency exchange media and contract equity embodies the nature of the economy that individual entities with equal rights pursue maximum interest initiatively under the competitive mechanism.The combination of socialism with economy relieves the whole logic of the capitalist economy.The construction of government functions under the conditions of the socialist economy should consider comprehensively the logical unity of displaying superiority of socialism,protecting vitality and avoiding market failure,so as to effectively respond to demand and improve government function with means.

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Available abstract

The logic of rational product accounting,currency exchange media and contract equity embodies the nature of the economy that individual entities with equal rights pursue maximum interest initiatively under the competitive mechanism.The combination of socialism with economy relieves the whole logic of the capitalist economy.The construction of government functions under the conditions of the socialist economy should consider comprehensively the logical unity of displaying superiority of socialism,protecting vitality and avoiding market failure,so as to effectively respond to demand and improve government function with means.

Key concepts: Socialism, Government (linguistics), Market economy, Currency, Economics, Function (biology), Equity (law), Economic system

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