Government must prioritize market supervision over macro-control for economic success.
The article discusses the relationship between the market system and government management responsibilities in a social market economy. It argues that macro-control should not be seen as superior to market supervision. The real economy consists of product and factor markets, with the former involving the exchange of products or property rights and the latter involving the exchange of product factors. The paper emphasizes the importance of land resource departments understanding and addressing both markets to avoid confusion. It also highlights the need for a solid market system foundation for effective macroeconomic regulation and control.