His governance had notable successes and failures, but his approach of using simple paradigms and ideas to solve complex social and economic problems is a valid form of applied intellectualism.

ECONOMIST: Who beat communism?

And this social construct often does provide us with a default form of economic institutions.

FORBES: There is Such a Thing as Redistribution

However, in providing 30 years of virtually uninterrupted economic growth, while simultaneously dismissing the importance of social rights, the government unwittingly signed onto its own form of social contract.

FORBES: Chinese Wealth Bows out of Its Homeland