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I would not suggest that state-owned enterprises are generally part of
the Chinese "miracle".<br>
<br>
Thousands of state run enterprises have closed and been replaced by
private enterprises.<br>
<br>
Although there are indeed well run state-owned enterprises, the general
characteristic<br>
of state-owned enterprises is that they are bureaucratic and poorly
managed, generally<br>
stupidly managed and are populated by generally inert and ineffectual
institutionalized workers.<br>
<br>
Hence the article mentions privitization as a goal.<br>
<br>
<br>
<br>
<br>
On 1/3/2011 2:19 AM, David Johnson wrote:
<blockquote cite="mid:005801cbaaa9$988f8a90$6501a8c0@yourze8cxvr8tt"
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<div
style="background: rgb(228, 228, 228) none repeat scroll 0% 0%; -moz-background-clip: border; -moz-background-origin: padding; -moz-background-inline-policy: continuous;"><b>From:</b>
<a moz-do-not-send="true" title="ed@edbober.plus.com"
href="mailto:ed@edbober.plus.com">Ed Bober</a> </div>
<div><b>To:</b> <a moz-do-not-send="true"
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<div><b>Sent:</b> Sunday, January 02, 2011 3:50 AM</div>
<div><b>Subject:</b> [socialistdiscussion] China's role in world</div>
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<div><font face="Arial">I found this article on China by Niall
Ferguson very interesting. It is presented from an entirely
pro-capitalist point of view, but nevertheless it provides a learned
overview of the economic history of China going back to the middle
ages, and it gives a lot of data illustrating trends in the world
economy today. It graphically illustrates the demise of US economic
domination. It shows how China is challenging and relentlessly
replacing the USA as the world's new economic power. It does not credit
the role of state ownership and economic planning as a crucial factor
in China's economic growth.</font></div>
<div> </div>
<div><font face="Arial">The eclipse of western economic and military
domination of the planet is a crucial factor in the political
instability of the west and the potentially revolutionary future. </font></div>
<div> </div>
<div><font face="Arial">In this regard I thought the words of Chinese<span
style="color: blue; font-family: Arial;"> </span><span
style="font-size: medium;"><font size="3">premier Wen Jiabao were
particularly significant:</font></span></font></div>
<div> </div>
<div>” <font size="4">Do not work to pressure us on<span
style="font-size: medium;"> the renminbi rate…. Many of our exporting
companies would have to</span></font><font size="3"><span
style="color: blue; font-family: Arial;"> </span><span
style="font-size: medium;">close down, migrant workers would have to
return to their villages. If</span><span
style="color: blue; font-family: Arial;"> </span><span
style="font-size: medium;">China</span><span style="font-size: medium;">
saw social and economic turbulence, then it would be a disaster</span><span
style="color: blue; font-family: Arial;"> </span><span
style="font-size: medium;">for the world.” </span></font></div>
<div> </div>
<div><font face="Arial" size="2"><a moz-do-not-send="true"
href="http://dinmerican.wordpress.com/2011/01/02/in-chinas-obit/">http://dinmerican.wordpress.com/2011/01/02/in-chinas-obit/</a></font></div>
<div> </div>
<div><font face="Arial" size="2">Thanks to Al for drawing this to my
attention.</font></div>
<div> </div>
<div><font face="Arial" size="2">Ed</font></div>
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