Wednesday, December 22, 2010

Out of the market order is an indisputable

 Out of the market order is an indisputable
autumn
about a month ago, I wrote an article entitled business owners of small coal mines in Shanxi. It now appears that this criticism may be wrong, I would like to apologize to those business owners.
fact is that these experienced business owners of small coal mines nationalization did not meekly accept the local government plans unreasonable compensation. Instead, they have openly expressed dissent. seen the media reports are: October 31, some entrepreneurs in Shanxi coal mine investments held in Hangzhou, number of property rights, are that these private entrepreneurs advocated the rights and interests are legitimate, must have access to legal support. but so openly advocate their own rights and interests in itself, but it is worthy of recognition. because of the construction market order to need to face their own so that unreasonable, even laws and regulations, red tape, and dare to assert their rights and interests of the people.
recent years, new institutional economics is the school of learning. However, this Exotic The new institutional economics has great defects, it is the main target of concern is the micro-enterprise system, rather than as the framework for corporate and entrepreneurial activity, system platform, the market order. In the framework of the market system has stable operation of the West, scholars We focus on the interpretation of the behavior of enterprises, but completely normal. but the domestic scholars, commentators talking about China's use of such a theory the problem, it will have a huge effect misleading. These people think that talking about the Chinese market order has been formed, it is uncompleted project of the market order is the fall from the sky, or the leadership of a liberal reward down.
it is certainly not the case. If you said that China now has some of the elements of the market system, that it is mainly the market Activities subject to strive for results. In recent years, I combine theory and Austrian entrepreneurs change the system of spontaneous order theory, a concept: Legislative Entrepreneurs (rule-ma-king entrepreneur), that is such a personal fight for The person bringing about system changes. Here the legislation, refers to the development of new economic, social rules; As entrepreneurs, whichever is mainly to innovation, risk-taking of Italy, is not limited to the economic field down the profitability of entrepreneurs, social, cultural and even political fields there are also legislative entrepreneurs.
Legislative entrepreneurs is the market system in China began to emerge, expanding the fundamental driving force. China's economic and social activities in the previous system of centralized planning system framework, which kinds of institutions to government control of resources, access to even basic features of direct business enterprise, no private property, private or private room for maneuver. some people in order to improve their situation, risking a certain risk, take a variety of ways to bypass government control, open up private property rights, private enterprise space. They are the legislative entrepreneurs.
, of course, the ultimate success of their activities depends on the attitude of local government. If the government attitude is unreasonable, their innovations may be stifled. But sometimes, government officials may be wise to recognize these innovative people, the public system of innovation can become government policy and legal innovation. China in the past three decades all the market, the rule of law change, are Innovation is the people, the Government launched the pattern recognition. from agriculture to industry, from the social field to the field of culture and entertainment, almost without exception. imagine, if not for the farmers, the farmers may tend to improve how land ownership? If not for the owners, the owners how autonomy could be a basic system of community governance?
Similarly, if there is no coal for the Lord, how can a rational and Shanxi coal market order? Shanxi indeed there is a long-developed coal industry, but almost can not say that there is a system where the sense of coal has led to disruption of this process. The problem is not quite the nationalization of state-owned enterprises are also compatible with the market order. The problem is not related to public policy decision-making process, the compensation standard is unreasonable and excessive mandatory implementation process. Where This variety is detrimental to the market order. this time, the private entrepreneurs to advocate their interests, not just a private matter, but also in public affairs, because it will have to maintain, restore market order effect.
Economics home, the financial media reporters often say No one can predict. Zhejiang businessmen do at least one thing: force the Shanxi area to respond publicly through the media, said resources of the state, coal to not unconstitutional. This argument is set up, fell to the second. It is important that public defense the facts themselves. As long as there such a response, then the practice of Shanxi is correct, will not help the final say in Shanxi, or other administrative authority, only by the public have the final say.
(Reprinted from On the blog)

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