ahhaha's ahs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : ahhaha's ahs

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GraceZ who wrote (7927)	4/7/2006 1:51:57 PM
From: ahhaha	Read Replies (2) of 24758

It is pretty damned difficult for capitalism to florish in a place with no property rights. Apparently China is refuting this kind of absolutist claim which requires a pristine test tube to be applied in all truth. They can "own" their output but they cannot own their land which means that farmers have few incentives to improve the land they farm. How about the incentive of receiving a higher selling price and a larger crop? 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. These nominal measures aren't impeding capitalism. They are impeding the tendency to agri business concentration where someone's pension has priority over quality of food grown. 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. So they will all move to the city and work for coolie wages further sending the US deeper into the Stone Age of non-competitive nations.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next