Comments on: China Moves To Protect Private Property http://calpolymbatrip.com/2007/china/china-moves-to-protect-private-property/ The MBA Graduate Program at Cal Poly Fri, 18 May 2012 15:56:15 +0000 http://wordpress.org/?v=2.6.3 By: nanheyangrouchuan http://calpolymbatrip.com/2007/china/china-moves-to-protect-private-property/#comment-1789 nanheyangrouchuan Wed, 28 Mar 2007 04:46:02 +0000 http://calpolymbatrip.com/2007/china/china-moves-to-protect-private-property/#comment-1789 Let's see how good of a job this new law does in defending a certain woman's "nail house" in Chongqing. All of China is watching and Beijing has ordered all official coverage of this saga ceased immediately. The house and its mount are now becoming adorned with pro-individual rights banners to boot, and we know how much the CCP loves those. Let’s see how good of a job this new law does in defending a certain woman’s “nail house” in Chongqing.

All of China is watching and Beijing has ordered all official coverage of this saga ceased immediately. The house and its mount are now becoming adorned with pro-individual rights banners to boot, and we know how much the CCP loves those.

]]> By: Peter Thelen http://calpolymbatrip.com/2007/china/china-moves-to-protect-private-property/#comment-1767 Peter Thelen Fri, 23 Mar 2007 17:32:21 +0000 http://calpolymbatrip.com/2007/china/china-moves-to-protect-private-property/#comment-1767 I personally believe that it was only a matter of time before this type of law was passed in China. It would be impossible to sustain such immense growth of the middle class and China's economy in general if the issue of private property was not addressed. The Chinese people are proud of their growth, and they realize that it is because of their hard work. If the government continued to restrict the rights of people to what they have worked so hard to obtain, civil unrest would be inevitable. I also do not think that the passing of this law is much more of an abandonment of Marxist ideals than China has already done. Though it may claim to be a Socialist country, it is clearly benefiting from the capitalism that reigns supreme in the global economy. By welcoming foreign direct investment so wholeheartedly, China had already indirectly embraced a more capitalist way of doing business. The move to pass this law makes sense given China's not-so-strict adherence to Marxist ideals. I personally believe that it was only a matter of time before this type of law was passed in China. It would be impossible to sustain such immense growth of the middle class and China’s economy in general if the issue of private property was not addressed. The Chinese people are proud of their growth, and they realize that it is because of their hard work. If the government continued to restrict the rights of people to what they have worked so hard to obtain, civil unrest would be inevitable.

I also do not think that the passing of this law is much more of an abandonment of Marxist ideals than China has already done. Though it may claim to be a Socialist country, it is clearly benefiting from the capitalism that reigns supreme in the global economy. By welcoming foreign direct investment so wholeheartedly, China had already indirectly embraced a more capitalist way of doing business. The move to pass this law makes sense given China’s not-so-strict adherence to Marxist ideals.

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