2014•Journal of Tianjin University of CommerceRequires access
Understanding Advantages of Market Economy——From the Perspective of Non-mainstream Economics
WU Lian-d
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Abstract
Mainstream economics is based on the hypothesis of perfect competition to demonstrate the advantages of market economy,but in reality there is no such thing as perfect competition market. Therefore,it is necessary for us to reinterpret the advantages of market economy. From the perspective of the relationship between market and human nature,and the comparison between market and other resource allocation ways,the paper has a new explanation for the advantages of market economy,and draws the following conclusions: the reason why market economy has some advantages is not that market economy is based on perfect competition,but that market economy fits in with human nature and can spontaneously extend on the platform of rule of law.