From The Standard (link):
Despite China’s sweeping reforms that have transformed a socialist command economy into a somewhat capitalist- style market, socialist ideology continues to manifest itself whenever there’s a chance.
Despite China’s sweeping reforms that have transformed a socialist command economy into a somewhat capitalist- style market, socialist ideology continues to manifest itself whenever there’s a chance.Two recent cases illustrate how this socialist thinking makes itself felt.China has shelved the legislation of its first law on real property rights for the protection of private property, after a Marxist law professor slammed the draft for “violating principles of socialism.” And an outspoken property developer has sparked public uproar by advocating social inequality. He claims it’s only natural for “rich” and “poor” residential areas to be distinguishable.