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A Brief Comment on Ivan Szelenyi’s Comment

author Philip C. C. Huang publish : 2011/11/17 0:00:00   hits :  2503
Ivan Szelenyi argues that no third way alternatives to capitalist market economy
and socialist planned economy are possible, a conclusion he reached
after his own searches for such dating back to the 1980s. My comment
responds to his two main points, about a “real estate bubble,” and hence
the non-sustainability of Chongqing’s third finance, and the historical failures
of third ways in Eastern Europe and Russia, and hence the likelihood of the
same failure in Chongqing and in China.

Please check the attachment .



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