3 6
What is "controlled market economies" means ?
Post 1 of 9
Hi all, hw r u all guyes,specially,grigo,ranger,xeron,aussie,capacity india.

can anybody tel me "what does "controlled market economies : means ? wid some examples.

thnx upfront.

[em1]
17 Jun 2006 00:59
Post 2 of 9
G'day Looks,

Gees ... u do a fair bit of thinking there mate. Last time it was how to get a job in Oz!

"Controlled Market Economy" or "Planned Economies" is SOCIALISM ... like in the old USSR, where the central government controlled or dictated the volume of goods that can be produced and/or set the selling price of goods. It generally leads to economic collapse.

For example the USSR central government once controlled agricultural production and food prices. Prior to Socialism, the Ukraine was called "the bread basket of Europe". But, by the time Socialism got through with it, the USSR couldn't feed itself.

Today, North Korea is about the last stronghold of a Controlled Market Economy and can't it feed itself either. China was smart enough to start moving away from Socialism / Controlled Market Economy about 25 years ago.

The opposite to a "Controlled Market Economy" (Socialism) is a "Free Market Economy" (which we also call "Free Enterprise" or Capitalism) ... where "dog eats dog" ... only the fittest of businesses survive ... resulting in big differences between rich and poor.

However, no Free Market Economy is entirely free ... there's always government intervention like your own sha bi OPEC, and all the other * global tariffs / quotas etc etc ... these restrictions are tiny traces of controlled market economy.
17 Jun 2006 02:32
Post 3 of 9

Replying to[ Aussie]:

Fair dinkium mate that rely of yours was Brilliant[em19].Wished I could write lke that.[em23]

17 Jun 2006 02:52
Post 4 of 9
Dear Aussie,


I agree that Capitalism and Turbo Capitalism are the way to go forward. The whole world seems now to be getting pushed/motivated to embrace it.


The key difference would be the "Directional Control" over "Turbo Capitalism" as demonstrated by old champions of Capitalism like US and Australia etc.


Novices like China and India who are blindly aping Capitalism without understanding that this model is as beneficial or as dangareous as your apply it may find themselves underleveraged in the future due to the advanced models being adopted by the old champions now.


Rgds,
Opps praka no emails please.. Mod.
17 Jun 2006 03:01
Post 5 of 9
Replying to [Aussie]:Hi, humm..gud memory Aussie.This is a further thng , i Learned frm u .
[em18]
actually, i did my master in IB frm india n came here just before 5 months and trying 2 learning as much as possible since its my learning age i.e 24.
i asked 2 u abt Oz because nw its time 2 move ahead where i can be 4 long time .

[em1]
anyway, thnx 4 ur gr8 answer.
b'bye
18 Jun 2006 00:34
Post 6 of 9
Replying to [Aussie]:and BTW , my focus is on International Marketing rather tah only on Export/Import trade.
[em1]
18 Jun 2006 00:56
Post 7 of 9
Replying to [Aussie]:mmmmm what a very educational reply
09 Sep 2006 14:12
Post 8 of 9
Merry Wu
offline
No Company Website yet
Overall Ranking MVP:-30 Rank:1,968,015
Replying to [looks]:Supply universal joint
09 Sep 2006 20:18
Post 9 of 9
balu1234
offline
No Company Website yet
Overall Ranking MVP:13,248 Rank:38
Replying to [Aussie]: Good piece of information.
Thanks for sharing it
11 Sep 2006 04:19
Email this page Bookmark this page