How to Compensate Appropriately for Farmers for Land Expropriation?——Remark on the Two Representative Views on Land Expropriation Compensation

On the topic of compensation for land expropriation, there are two representative views-public appreciation and overall view of property right. We discuss both of them carefully and point out the defaults of them respectively. The paper suggests that the current land expropriation system should be reformed critically, and the farmers should be compensate in terms of market price, regardless of land expropriation for public or not.