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The Primacy of Property in a Liberal Constitutional Order: Lessons for China
By James A. Dorn
This article appeared in the Spring 2003 issue of The Independent Review


Abstract

The key to a successful future for China is the adoption of a constitution that protects persons and property against arbitrary government power and lays a framework for freedom under the rule of law. Just as Adam Smith articulated the principles of liberalism in the West, so the wisdom of Lao Tzu can play a similar role in China’s transition from market socialism to “market Taoism.”



Other Independent Review articles by James A. Dorn
    Winter 2005   Red Capitalists in China: The Party, Private Entrepreneurs, and Prospects for Political Change



Volume 7 Number 4
Spring 2003

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