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Strategies & Market Trends : ahhaha's ahs

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To: ahhaha who wrote (7924)	4/7/2006 12:00:38 PM
From: GraceZ	Read Replies (1) of 24758

One of the biggest issues is that rural farmers have no property rights. It is pretty damned difficult for capitalism to florish in a place with no property rights. They can "own" their output but they cannot own their land which means that farmers have few incentives to improve the land they farm. They've allowed for personal property rights in the city but have continued state ownership of land in the rural areas and have restricted the rights of rural farmers to move into the city. They will have to correct this and soon because creeping price inflation is eating away at the farmer incomes and rural residents completely overwhelm city residents by a very large percentage.

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