market communism
English
Noun
market communism (uncountable)
- (politics) A form of communism that also engages to a limited extent with the free market.
- 1988, The Economist (volume 306, issues 7532-7539, page 13)
- 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.
- 2011, Steven Rosefielde, Masaaki Kuboniwa, Satoshi Mizobata, Two Asias: The Emerging Postcrisis Divide (page 432)
- 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; […]
- 1988, The Economist (volume 306, issues 7532-7539, page 13)
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