I always see the communism way to sell stuff which the government decide what to sell and how much to sell as a joke."The price of the cigar is was the same everywhere(5)".I have to admit that this way to run a country is not a bad way,after all,the products that factory produce will not waste,because everyone gets what they need.However,this brings a problem,what if someone wants more.So the "off the book"trade start,and the economy of the country will run into chaos.Marketing is a good way for store,factory because,every people has the chance to decide what to produce,how many should be produced.For example,everyone loves bacon,the meat factory got to produce more,the store got to sell more.This change the perspective of government runs the market,into people run the market.
Nowadays most people believe that because China is a communism government so they run the market in a communism way.After reading and listening in class I discover that China runs the market in a unique way.It is the combination of communism and capitalism.Everyone can open a factory,everyone can open a store,you can sell everything you want(legal stuff,of cause),everyone can buy the stuff they want.When the market lost control,for example,people need salt,a lot of it,government will buy salt from other country and sell it.In China,the Party runs some big company,which can give them huge amount of resource(money),to benefit people,also people can start a company if they want,which gives people a freedom to participate in the market.
There is always a invisible hand that control the market,and it's a great thing to learn about it.
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