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Experts say rule of law will unlock economic potential [Copy link] 中文

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Post time 2014-10-21 09:05:13 |Display all floors
Promoting the rule of law, a main theme of the key meeting of the Party, also known as the Fourth Plenum, will further unleash the potential of the economy and help ensure sustainable and relatively fast growth, experts said on Monday.
The four-day meeting, which opened on Monday in Beijing, came as top policymakers seek a balance between maintaining growth and launching reforms, amid concerns tha ...

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Post time 2014-10-21 09:05:14 |Display all floors
If the "Rule of Law" is to be applied, it must be applicable to all equally. No segment of the society should have exclusivity especially the political and business elites.

The "Rule of Law" can be and is a mechanism by itself and it ought to reflect the social values and culture of a society. It can be a function by itself but it should be jointly monitored by both the government and the public with the government in lead. The public needs to have a feel that they are in a system that they want, can understand and appreciate. Law is not just for preserving order, it is also useful in bridging people. By preventing unnecessary disputes that can devolve into bad blood, harmony is preserved. Humor/Light moments can also be injected into the legal system so as not to make the legal system look like a horribly feared labyrinth but such humor/light moments must not demean or erode its authority. When all the people understands the same set of laws/rules then they are able to play the same game with equality. Common understanding and knowing that everyone is equal is the foundation of harmony and in consequence on the well being of the society. In turn this leads to appreciation.

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Post time 2014-10-21 14:20:47 |Display all floors
I supposed the "experts" presume that "rule of law" does not exist in the West. Otherwise, why is it their economies are not "unleashed" today? Why the austerity campaigns in the UK, in France and other capitalist countries? Despite centuries of massive plunder of other nations and civilizations?

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Post time 2014-10-21 20:27:04 |Display all floors
It may take generations for the people to become used to follow the rules. Right now, people care more about how not to follow the rules.

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