AmericanMadeHeroes.com
We honor America's best manufacturers keeping America's future strong!
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-- Professor of Marketing at the University of New Haven -- Director of the Center for International Industry Competitiveness
Dr Haley presents a very well credentialed analysis and review of Communist China's command & control economic
system thus providing America a clear understanding of the Communist Party's use of their control of their economy
to maintain absolute political power.
For his clearly deliniating the threat posed by Communist China to the United States of America
No true market socialism exists in China. Market socialism presumes guarantees of minimum
subsistence level benefits to the citizenry: yet, no such guarantees exist in China. However,
contrary to US policy makers’ beliefs, China is not moving toward a true market-based economy.
Today’s economic situation in China, and the economy towards which China is moving, bears a
greater resemblance to the Confucian economy of the Imperial era than to any Western capitalist
or socialist system.
Given the CCP’s intention to retain control of China’s society and
economy, a Confucian economic and political system would appear extremely appealing. Not
only did the Confucian system seek to maintain the rulers’ control of the economy, but
Confucius believed no possible justification existed for rebelling against the rulers or limiting the
rulers; freedom to act independently of any restrictions, such as laws and constitutions. Hence
the rulers enjoyed absolute political power. Today’s CCP desires nothing less than maintaining
its own approximation of absolute political and economic power in China.
If the Chinese regime wants to compete in a certain market dominated by the United States or other foreign countries, the
state will designate that industry as “pillar,” and then the state will provide subsidies and pay for R&D. The United
States is presently highly competitive in pharmaceuticals, processed foods, electronics, and agricultural goods, according
to Dr. Haley, but consumers have difficulty discerning quality in these industries. These are industries that China will
likely want to compete in, Dr. Haley argues, because when the market cannot perceive, or does not value, differences in
quality, “U.S. companies cannot compete on any basis with China’s heavily subsidized industries.”
He indicates that these industries are likely candidates to become China’s next designated “pillar” industries.
AmericanMadeHeroes.com!
AmericanMadeHeroes.com!
We welcome American George Haley as a new member of
AmericanMadeHeroes.com!
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Alexander Hamilton |
"Not only the wealth, but the independence and security of a country, appear
to be materially connected with the prosperity of manufacturers. Every nation ... ought to endeavor to possess within
itself all the essentials of a national supply. They comprise the means of subsistence, habitation, clothing and
defense ... The expediency of encouraging manufactures in the United States, which was not long since deemed very
questionable, appears at this time to be pretty generally admitted."
-- Alexander Hamilton ... an American Made Hero! |
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