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Striking Contrast Between two Different Economic Systems

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  • Hsia Li-chih

Abstract

An economic crisis characterized by slump, inflation, and sharply rising unemployment is now pounding away at the entire capitalist world. The two superpowers, in particular, are having a very hard time. This is one manifestation of the prevailing international situation: great disorder under Heaven, or, as a Chinese verse goes, "The wind sweeping through the tower heralds a rising storm in the mountains."

Suggested Citation

  • Hsia Li-chih, 1976. "Striking Contrast Between two Different Economic Systems," Chinese Economy, Taylor & Francis Journals, vol. 9(4), pages 68-78, July.
    • Handle: RePEc:mes:chinec:v:9:y:1976:i:4:p:68-78
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