A top economist has joined the growing list of China’s elite to have disappeared from public life after criticizing Xi Jinping, according to The Wall Street Journal.
Zhu Hengpeng served as deputy director of the Institute of Economics at the Chinese Academy of Social Sciences (CASS) for around a decade.
CASS is a state research think tank that reports directly to China’s cabinet. Chen Daoyin, a former associate professor at Shanghai University of Political Science and Law, described it as a “body to formulate party ideology to support the leadership.”
According to the Journal, the 55-year-old disappeared shortly after remarking on China’s sluggish economy and criticizing Xi’s leadership in a private group on WeChat.
My impression is informed primarily by visiting several small and medium sized businesses across China. What I saw in these industrial regions was an incredibly widespread entrepreneurial spirit. Everyone wanted to get ahead and have their own business. When the money gets really big, I don’t have direct experience, but it stands to reason the autocracy takes control. Greedy pieces of shit who Elon it up like Jack Ma find this out when they get too big for their britches.
As I’m sure you’re aware, many democracies around the world are largely performative (see e.g. USA) and based on fear, lies, and social engineering. Nothing and nobody in the world could honestly achieve a 90 percent favorability rating, and having observed thousands of workers in China I cannot believe such a number.
My impression is informed primarily by visiting several small and medium sized businesses across China. What I saw in these industrial regions was an incredibly widespread entrepreneurial spirit. Everyone wanted to get ahead and have their own business. When the money gets really big, I don’t have direct experience, but it stands to reason the autocracy takes control. Greedy pieces of shit who Elon it up like Jack Ma find this out when they get too big for their britches.
But Jack Ma was punished. Surely you can see the difference, can’t you? It isn’t the bourgoeisie in control, but the CPC. Regardless of individuals with “entrepeneurial spirit,” how does that translate to subversion of the CPC?
As I’m sure you’re aware, many democracies around the world are largely performative (see e.g. USA) and based on fear, lies, and social engineering. Nothing and nobody in the world could honestly achieve a 90 percent favorability rating, and having observed thousands of workers in China I cannot believe such a number.
So, because the vibes are off, you call it a “libertarian Capitalist hellscape” where billionaires who "Elon it up’ get punished by the state, and you fully trust your gut instead of diving into hard-evidence? You’ll forgive me for not taking much stock in your analysis.
