Weighing Of Justice And Efficiency

Realizing justice and efficiency is principle and an ultimo aim of institutional arrangements, however, by reason of difference of social system\ productivity development level\industry characteristic etc, the corresponding principle is also different which institutional arrangements keep to. Our country' s system of contractual managing rural land, is essential system of economy in the countryside, whether the reform of the system is success or not, relates to development and stability in the countryside, relates to development of the whole of social economy. For this reason, being aware of what kind of principle of justice and efficiency that the institutional arrangements of our rural land keep to, is important to direct to perfect the system of contractual managing rural landThe paper applies the theory of Marxist political economics and the west new institutional economics and economics of property right, and demonstrates that the essence of institutional arrangements is assignment to right\ assignment to property right. Therefore, realizing justice and efficiency of the institutional arrangements of the rural land must also begin with reform of property right' s assignment, for the formof realization of collective ownership of the rural land solves the projecting problem caused by no owner of land ownership , making law on the right of own property in the right of contractual managing perfects farmers' interest, managing land in scale and circulating land realize efficiency of agriculture product ion.