On the Government and Social Security under the market economic system

The social security is the important pillar under a socialist market economy system, which is Known as safety net shock absorber of the society. The government plays a very important role in the social security. According to economic theoiy, market failure means that the government must intervene with the social security; at the same time, the government failure also exists. In order to develop smoothly, the government should combine closely with the market while and play its important role in social security of our Country.