Leading Finance Bourgeois acknowledges supreriority of China's "centralized" management of economy ; management of economy as a _whole_:Coordination of the whole economy gives scientific socialism the advantage over unscientific capitalism

Leading Finance Bourgeois acknowledges supreriority of China's "centralized" management of economy ; management of economy as a _whole_: <


""What China does so well is manage its country as a whole - coordinating government and business so that they are able to further some of their strategic goals," Dimon wrote in his letter." <





"Centralized" here is a metaphor for a circle . The CENTER of a circle is equidistant from every point on the circle. So, is used in the metaphor to represent the WHOLE. Socialist political economic management is superior to Bourgeois political economic management exactly because of Dimond's point. Management of the whole substantially overcomes the ANARCHY OF PRODUCTION of Bourgeois economies ; thereby negating the Bourgeois business cycle, booms and busts .

In Marxist theory, anarchy of production is a characteristic feature of all commodity production based on private property, which is the primary mode of production in the capitalist market economy.[1] The term is often used as a criticism of market economies, emphasizing their chaotic and volatile nature in contrast to the stable nature of planned economies, as proposed by Marxists.