Difficulties In Integrating Socialist Public Ownership And Market Economy And Countermeasures

The socialist public ownership and market economy, which are both the outcome of large-scale social production, is compatible. In socialist public ownership there exist commodity exchange relations. The essential interests relations of public ownership and market economy are the same in form. Market economy is not a social-system related concept. Socialist public ownership and market economy are compatible, and the integration of the two is the inevitable results of the development of modern commodity economy, the inherent requirement of sticking to and reinforcing socialist public ownership, the wise choice under economic globalization, the experience accumulated from economic development home and abroad. State-owned economy is deeply influenced by planned economic system. State-owned economy is one the one hand compatible with market economy and on the other hand in contradiction with it, which is the difficulty in integrating socialist public ownership and market economy. So long as we insist on the leading status of the public ownership as the mainstay and the leading role of state-owned economy, adjust the overall arrangement of state-owned economy, reform the ways to develop state-owned economy, and establish modern enterprise system, the integration of state-owned economy and market economy can be effected.