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Liao Yue — This Chinese village has embraced collectivization

Summary:
Interesting article, that also suggests that Elinor (Lin) Ostrom was likely correct about the commons. See also tragedy of the commons.  A better title would have been "This Chinese village has re-embraced collectivization." Villagers concluded that they had better results in certain respects under Maoism than Dengism, although they have combined the two approaches in addressing their contemporary opportunities and challenges, which have been emergent as China developed rapidly. World Economic ForumThis Chinese village has embraced collectivization Liao Yue, Ph.D. student in anthropology at the University of Illinois Urbana-Champaign

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Interesting article, that also suggests that Elinor (Lin) Ostrom was likely correct about the commons. See also tragedy of the commons

A better title would have been "This Chinese village has re-embraced collectivization." Villagers concluded that they had better results in certain respects under Maoism than Dengism, although they have combined the two approaches in addressing their contemporary opportunities and challenges, which have been emergent as China developed rapidly.

World Economic Forum
This Chinese village has embraced collectivization

Liao Yue, Ph.D. student in anthropology at the University of Illinois Urbana-Champaign
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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