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Learn pros and cons of market economy

By Zhu Yuan | China Daily | Updated: 2010-10-13 08:03

How much do we know about capitalism? I don't think we know it a lot, at least not as thoroughly as we should.

When the domination of ideology jaundiced our understanding of the world, capitalism, in our minds' eye, was as bad as anything we could think of to suck the blood of workers. But when the country opened-up to the outside world, some went to another extreme, believing that we should learn everything from capitalism.

A recently published book entitled The Power of Companies enables us to have some basic knowledge of, and some insight into the development of, companies and capitalism in the West.

Learn pros and cons of market economy

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