Meaning of market communism | Babel Free
Examples
“Attempts to introduce⟳ versions of "market communism" — in China, Hungary or Yugoslavia — have⟳ shown how hard it is to make⟳ mainly state-owned economies as nimble as mainly private ones.”
“These second tier businesses too might prefer⟳ the luxury of rentier satisficing, but lacking “godfathers,” are compelled to behave more or less like⟳ neoclassical profit-seekers. They are the “market” heart of Chinese market communism; […]”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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