March 13, 2006

socialist countryside ????


in  today's  NYT 
       the current
               burgerized tale 
       out of
             china  deepens measurably 




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"My impression is that allowing
 an expanded role for the market 
in education and health care 
is off the table," said Mr. Mao
"Rural land ownership is also 
too sensitive to consider now"

"Mr. Liu said, 
"If you establish a market economy
 in a place like China,
 where the rule of law is imperfect, 
if you do not emphasize
 the socialist spirit of fairness 
and social responsibility, 
then the market economy you establish
 is going to be an elitist market economy."


Mr. Zhou attracted foreign investment
 to the financial sector, 
partly delinked China's currency 
from the United States dollar 
and steered the three biggest
 state-owned banks toward 
stock market listings overseas "


the klass struggle continues 
      and 
  even as the wrong road  party rots away 
            
   Great  names reappear 
       
        if in other
             and often  lesser  roles  ...


 nyt   oddly dead on 
                sum up quote :

"A widening gap between rich and poor
 is not the fault of market reforms
It's the natural result of them,
           which is neither good nor bad,
                       but quite predictable." 





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Posted by pinky at March 13, 2006 07:40 AM