[PEN-L:32792] Re: China: worker ownership...

[Michael Perelman <michael@xxxxxxxxxxxxxxxxx>]

This article makes China sound like the USSR in slow motion.

On Wed, Dec 04, 2002 at 06:27:13PM -0800, Ian Murray wrote:
> Workers in China Fail As Owners of Factories
> Managers, Investors Are Taking Over
>
> By Philip P. Pan
> Washington Post Foreign Service
> Wednesday, December 4, 2002; Page A01
>
>
> DAYE, China -- It was a deal that reflected China's socialist past as well
> as its capitalist future. The Jing Wine Factory, property of the state for
> nearly half a century, was sold to its workers, 700 men and women who were
> given shares of stock - and a chance to save their company.
>
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx