[quote="sbfluter"]
Caption:
At a factory in Jiangsu Province, workers making musical instruments earn about $130 a month. A new labor law in China would permit them to negotiate higher wages and better health and pension benefits.
Story
The article doesn't exactly support any notion that all these factory workers are living the good life.
quote]
China probably doesn't belong on my list.
But China has come a long way economically since it began to allow
the process I mentioned above to begin.
By the way fiddles and mandolins are a part
of Chinese economic growth.
From wiki economic reform in China
At the milestone Third Plenum of the National Party Congress's 11th Central Committee in December 1978, the party leaders decided to undertake a program of gradual but fundamental reform of the economic system. They concluded that the Maoist version of the centrally planned economy had failed to produce efficient economic growth and had caused China to fall far behind not only the industrialized nations of the West but also the new industrial powers of Asia: Japan, the Republic of Korea, Singapore, Taiwan, and Hong Kong. In the late 1970s, while Japan and Hong Kong rivaled European countries in modern technology, China's citizens had to make do with barely sufficient food supplies, rationed clothing, inadequate housing, and a service sector that was inadequate and inefficient. All of these shortcomings embarrassed China internationally.
The purpose of the reform program was not to abandon communism but to make it work better by substantially increasing the role of market mechanisms in the system and by reducing--not eliminating-- government planning and direct control. The process of reform was incremental. New measures were first introduced experimentally in a few localities and then were popularized and disseminated nationally if they proved successful. By 1987 the program had achieved remarkable results in increasing supplies of food and other consumer goods and had created a new climate of dynamism and opportunity in the economy. At the same time, however, the reforms also had created new problems and tensions, leading to intense questioning and political struggles over the program's future.
P.S. The problems include inflation, the deteroriation of morals,
and challenging of Communist Party Authority.
