The transformation of modem trade system went with the development of capitalist economy, but it's established as the legal trade system because of the same choice by the government and the market.
Considering the basic institutional features of capitalist economy, we can draw some different conclusions on enterprise institution.
The resolution it adopted says that the private capitalist economy must not be allowed to expand uncurbed but should be restricted from several directions -- in the scope of its operations, by tax policy and by market prices and working conditions.
First, to save China from misery and demise was logically connected to learning the Western physical civilization and developing capitalist economy.
In a capitalist economy, taxes are the most important instrument by which the political system puts into practice a conception of economic and distributive justice.
During the course of the capitalist economy globalization from the middle of 19th century to the beginning of 20th century, the area of Shanghai port formed the market shape of semi-periphery.
Capitalistic private ownership and market economy define the dualism of capitalist economy, that is, private and sociality.
Mr Obama has consistently made it clear he favours a mixed capitalist economy.
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