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THE LAW OF THE MICROCOSM AND THE END OF SOCIALISM
Information Revolution MICROCOSM SOCIALISM
2008/11/22
The Information Revolution
Every era achieves a cultural pinnacle. In the Middle Ages it was
probably the giant cathedral, whether Gothic or Byzantine. Wrought
of rock and sand and glass, these cat...
REvITALIzATIoN OF SOCIALISM OR REsToRATIoN OF CAPITALISM?
SOCIALISM CAPITALISM REsToRATIoN
2008/11/22
The ideology of reconciliation and the combination of communist
and traditional, so-called capitalist, forms of production and society
haveproved virtually bankrupt. It is obvious without any experi...
THE PURSUIT OF HAPPINESS UNDER SoCIALIsM AND CAPITALISM
political system economic system SoCIALIsM CAPITALISM
2008/11/22
Men are not tied to one another by papers and seals. They are led
to associate by resemblances, by conformities, by sympathies.
—Edmund Burke
For several decades, the degree towhich socialism generates environmental
problems has been a matter of controversy. Oskar Lange,
writing in the 1930s, argued that socialism would do a much better
...
China’s Grand Illusion
China’s goal of building a ‘‘socialist market economy’’ is a grand
illusion. The market and its supporting institutions, notably private
property and the rule of law, cannot ...
CHINA’S STOCK MARKET:A MARRIAGE OF CAPITALISM AND SOCIALISM
STOCK MARKET centrally planned economy CAPITALISM AND SOCIALISM
2008/11/5
The rise of China’s stock market during the 1990s was nothing
short of breathtaking. For more than 30 years after 1949, China was
a centrally planned economy in which virtually all enterprises were
...