Week 6 Flashcards
1989 crisis recap

1989 crisis — effect on social classes

The collapse of the socialist economy

Restructuring the public sector (from 1994)

Social consequences: the end of the old working class (the collapse of the socialist economy)

Today labour is largely commodified (the collapse of the socialist economy)

Ambiguous change in the status of land

China as a globalized society (the collapse of the socialist economy)

Ambivalent changes in moral values (the collapse of the socialist economy)
- Being rich is a goal
- Rising inequality
- Eduaction/meritocracy
- Consumerism
- Urbanization with the loosers of the collapse of the socilist economy being left behind in the countryside
How to define market socialism ?

How to define market socialism as a form of capitalism?

The elite (social stratification)

The middle class — social stratification

The lower class — social stratification

Reproduction: a false impression of change — social stratification

Diversification of ownership and state control — economic structures

Is the Chinese market socialism a model?

Two models of enterprise management
