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.
If you think the Chinese economy is bad now, wait 15 years. No amount of sending economists to the gulag will hide this disaster.
Edit: tankie downvotes are like nectar of the gods to me. Your precious CCP will wither like a plant in the desert.
I’ve already been banned from Hexbear. Bunch of assclowns over there.
Edit: and now lemmygrad
Arbitrary bans from overly sensitive mods? Straight to Jail.
Made a comment about tankies in lemmy getting mad over some news about China getting hit with influence ops by the US. Believe it or not, ban.
Why do you think Israel needs a fucking iron dome? Bunch of virgin clowns in here.
This you?
92 upvotes would suggest a lot of people.
But everything you could say about China rings just as true in Europe, in Japan and Korea, in India, in Russia…
Global populations are heading for a heavy sag, but westerners only know how to heckle the Evil Foreigners.
Funny because I’m European, and the GDP per capita levels of most EU countries are at 2008 levels.
As for a population pyramid, China will face the same problem as other countries as you say, possibly more magnified.
Lots of people, especially the Chinese. The sentiment about work, investment, economic prospects, consumption are all quite bad. The central bank is cutting rates. Just today the government dipped their toes into the helicopter money game. The only thing keeping the party going is exports
especially the Chinese
Source?
The sentiment about work, investment, economic prospects, consumption are all quite bad
Source?
Even then, it isn’t healthy, just healthier. The USA is still going to going to experience economic issues of a growing elderly population, it just won’t be as bad.
The birthing rates are only dropping, in 15 years all of those people will be to old to work but there are not nearly enough to replace them.
Lol he does look like that fucking bear
ML anxious attachment style. Banning people for comments they make on other instances is some weeeird little dog behavior.
Already been down voted by a .ml user that got offended by me daring to insult their precious instance. Fuck .ml and their trash mods and admins lmao
Wait but Hexbear said that China is a democracy? Did they lie?!??
I had the most hilarious discussion with a Tankie about China a while back. They refused to accept that China is pretty much communist in name only. I pointed out that they had billionaires, privately-owned companies, a stock exchange and private property, meaning you can earn capital in China.
The Tankie actually said something on the lines of, “If you would JUST READ MARX you would know that earning capital is a fundamental cornerstone of communism!”
Where are the “real” Communists? What draws the line between a Marxist and a tankie?
The Tankie actually said something on the lines of, “If you would JUST READ MARX you would know that earning capital is a fundamental cornerstone of communism!”
I’m a communist who doesn’t want to call China a communist country, so I don’t really agree with the person that you were talking to, but your second paragraph does show you haven’t researched communism or its history. The debate of whether societies need to undergo capitalist capital accumulation first to enter communism is about as old as communism, and the history of communism is full of examples of this. It’s the ideological reason why the Russian Socialist Democratic Labor Party split into two wings: the Mensheviks and the Bolsheviks, the former believing that the Russian Empire had to undergo capitalism first in other to become communist, and the latter wanting to implement socialism to the primitive almost feudalist Russian empire. Some similar split happened more discreetly inside the Communist Party of China, with Mao implementing socialism directly to the extremely underdeveloped Chinese society, and later Deng Xiaoping opting for the more market-socialism (known now to many as "socialism with Chinese characteristics).
So you may or may not agree whether china is communist, but from your comment it’s clear that you’re very oblivious to the historical and ideological reasons for the argument as to whether china is or isn’t a socialist country and whether they’re on the path to it. It’s good to discuss things and to have opinions, but please get informed before dismissing other people’s opinions on topics they’ve probably dedicated more time than you to studying.
So you may or may not agree whether china is communist, but from your comment it’s clear that you’re very oblivious to the historical and ideological reasons for the argument as to whether china is or isn’t a socialist country and whether they’re on the path to it.
Weird how this path went from a communist country under Mao to a capitalist one under Xi. I guess it goes back again?
How exactly do you achieve communism via billionaires, a stock exchange, private ownership, etc.? That’s ludicrous.
If the Bolsheviks didn’t believe that Russia had to undergo capitalism then why did they implement, and I quote Lenin, state capitalism.
Also there’s already a term for socialists who tolerate capitalism, it’s social democrats. Maybe the “democrat” thing is the issue MLMs have with the whole concept, not the tolerating capitalism part.
I mean you can still have private property under communism, it’s the capital making property that’s more owned by the workers themselves, but you can still own things under communism.
Similarly, you can earn capital under communism too, it’s just that the tools for earning said capital aren’t owned by corporations under corporations under CEOs under the 1%. It’s not a cornerstone for sure, but it’s not like communism is anti capital and growth and owning things
Directly from The Communist Manifesto:
In this sense, the theory of the Communists may be summed up in the single sentence: Abolition of private property.
https://www.marxists.org/archive/marx/works/1848/communist-manifesto/ch02.htm
A bit nitpicky here, but personal property isn’t Private Property. That being said, Marx and Engels maintained constantly that Private Property cannot be abolished in one sweep, that goes fundamentally against Historical Materialism. Socialism emerges from Capitalism, you can’t establish it through fiat, hence why the Cultural Revolution wasn’t a resounding success. Mao tried to establish Communism immediately, misjudged, and then Deng stepped in.
I mean, you definitely should read Marx. China is Socialist, guided by a Communist Party. It hasn’t reached Communism, and when they tried to jump to Communism under Mao and the later Gang of Four, they ran into massive issues because the Means of Production weren’t developed enough.
Marx maintains that the next Mode of Production emerges from the previous, dialectically. That doesn’t mean China needed to let Billionaires run rampant, doing whatever they want, it means that it was the correct gamble to heavily industrialize and interlock itself with the global economy while maintaining State Supremacy over Capital, focusing more than anything on developing the productive forces.
Like it or not, the USSR largely collapsed due to trying to stay isolated from the West, which legitimately led to dissatisfaction towards the lack of consumer goods. They had strong safety nets and all the necessities they needed, but lacked the fun toys (to simplify a multi-faceted issue, along with increased liberalization and betrayals from Gorbachev). The PRC watched this in real time, and didn’t want to repeat it.
In that manner, the PRC is Socialist. It maintains a Dictatorship of the Proletariat over Capital, Billionaires fear persecution, state ownership is high and growing, the Proletariat’s real purchasing power is growing. The bourgeoisie exists, but has been kept no larger than can be drowned in a bathtub, in terms of power relation to the CPC, so to speak.
There is risk of Capitalist roading, and the bourgeoisie wresting control from the CPC. This risk is real, and is dangerous, but it hasn’t happened yet. Wealth disparity is rising, so we must keep a careful eye on it.
The greatest analytical tool of a Marxist is Dialectical Materialism. When analyzing something, it isn’t sufficient to take a present-day snapshot, you must consider its history, its relations to other entities, its contradictions, and its trajectory. Engels was a Capitalist, was Marx hypocritical for keeping Engels as his closest friend and ally? No. Class reductionism is dogmatic, we must analyze correctly.
The most obvious flaw in your narrative is the assertion that China maintains a dictatorship of the proletariat, which is patently false. China is an autocracy of the party elite, with one man at the top. A dictatorship of a dictator. The fact there may be high level power games and intrigue among the upper echelon doesn’t significantly change this. It doesn’t matter that Xi happens to be the dictator du jour.
What this means for day-to-day life of the citizenry is something very divorced from socialism or communism. There are some elements of safety net and job placement, but just beneath that is a hyper-capitalist libertarian hellscape punctuated by fearful, feigned, and forced reverence of the party. As long as businesses play along and grease the right wheels the exploitative accumulation of wealth is sanctioned and encouraged.
when they tried to jump to Communism under Mao and the later Gang of Four, they ran into massive issues because the Means of Production weren’t developed enough.
That’s legitimate reasoning for a pre industrialized china, much less so when modern China is basically the production capital of the world.
I don’t think there is a legitimate excuse for the modern wealth disparity, the large transient work force, or the use of forced labor currently happening in China.
Like it or not, the USSR collapsed due to trying to stay isolated from the West, which legitimately led to dissatisfaction towards the lack of consumer goods.
The USSR didn’t collapse because they were isolated from the West, leading to dissatisfaction towards the lack of consumer goods. They collapsed because they still utilized empirialist tactics to expand their holdings.
Their failed push into Afghanistan was the final blow, but the Soviet Union had already been spending way too much of their national budget on the military, siphoning away from the robust social safety networks they built in the 60’s.
Russia didn’t want communism in every country, they wanted every country to be Russia, and thus communist. This of course didn’t track well with the East or the West, leading to the schisms between the USSR and the communist East.
It maintains a Dictatorship of the Proletariat over Capital,
But does it? Marx described a dictatorship of the proletariat as workers mandating the implementation of direct elections on behalf of and within the confines of the ruling proletarian state party, and institutes elected delegates into representative workers’ councils that nationalise ownership of the means of production from private to collective ownership.
Now one would assume that if workers controlled the means of production, then they would have more direct control of their working conditions and pay than somewhere like the United States. We would also hope to see a steady progress towards collective ownership, however in recent history we have seen more and more production being privatized, not nationalized.
The bourgeoisie exists, but has been kept no larger than can be drowned in a bathtub, in terms of power relation to the CPC, so to speak.
I’m sorry, but cracking down a few billionaires that step out of the party line is not the same as keeping some small enough to “drown in a bathtub”. 1% of the country owns a third of the wealth of their nation, and as you say the disparity is not shrinking.
When analyzing something, it isn’t sufficient to take a present-day snapshot, you must consider its history, its relations to other entities, its contradictions, and its trajectory.
Yes, and now let’s look at modern China under the lens of dialectical materialism. We’ve gone through some of the history already, and can both agree that the transition to collective ownership requires a certain level of productivity to achieve.
What is that amount of productivity required, and if modern China isn’t productive enough to make that particular leap…who the hell can?
As far as relationships go, China is one of the most globalized nations in the world. When compared to the USSR, who actually achieved a modest level of collective ownership…modern China is one of the most popular nations in the world.
Last but not least, contradictions and trajectory. Which I’m grouping together, as their current trajectory seems to contradict the entire purpose of a communist government in the first place. Industrialization has improved the quality of life in the country, but if that isn’t coupled with an increase in a workers control of the means of that production, how is that different than a industrialization in a capitalist nation?
Engels was a Capitalist, was Marx hypocritical for keeping Engels as his closest friend and ally? No. Class reductionism is dogmatic, we must analyze correctly.
Not to belittle your point, but calling Marx a socialist and Engles a capitalist is a kin as calling Jesus a Christian who’s disciples were Jews.
You can’t be a lone socialist, and people tend to wildly extrapolate on what Marx would have thought of modern economics.
Marx maintains that the next Mode of Production emerges from the previous, dialectically.
Ah, okay. Well, the previous mode of production involved no private property and no accrual of capital. Now there is both. So do please point out where Marx talks about how things go from not earning capital to earning capital to not earning capital again.
They had strong safety nets and all the necessities they needed, but lacked the fun toys.
Yeah, those damn people queueing up in bread lines when they had all the air and water they needed!
something on the lines of
Any time someone describes something that happened on the fediverse without providing a link, they are misrepresenting what happened 100% of the time.
Hahaha, are you saying that because it was you on the other end of that discussion? I know you love China so much that you are willing to praise their genocide of Uyghur people.
Maybe you could distill the theory for us a bit so we can decipher why “socialism” is producing hundreds of billionaires.
I’ll have you know that America did some bad stuff so that justifies literally any amount of authoritarianism from China.
America doing ‘bad stuff’ is a comical understatement. Sure, the genocide of native Americans and chattel slavery is “bad”, but it is probably worse than general authoritarian actions. You seem to have them the other way around, or at least imply that.
Both suck. Both have superiority complexes. I have to deal with American superiority complexes, so that paints me as “pro China”.
I’m simply pro unity.
You seem to grasp and miss the point at the same time.
When tankies are faced with terrible shit their government is currently doing, they bring up terrible stuff America did a hundred years ago as if that somehow justifies it. Yes, both things bad, but the second thing has zero bearing in relation to an article about China literally disappearing dissidents.
Do you actually realize how little sense this makes? Just realized that the previous comment was sarcastic, I’m taking everything back
They were being sarcastic and facetious. Tankies use a similar argument everytime somebody speaks ill of China.
Examples:
“TikTok is a military campaign proven to spy on messages and photos and send massive amounts of data to Chinese headquarters.”
“OH OKAY but its fine when FaceBook and Google hand over info to the USA, is that it?”
“Chinese hostile takeovers of Hong Kong, Tibet, and soon potential war with Taiwan and Philippines is worrying. World War 3 could be upon us.”
“BuT nAtO anD IsrAeL eXiST!”
I already see tankies making up some of the most delusional excuses youve ever heard.
The most ridiculous I have heard is that when I pointed out that people had to wait for years to get a car, and bread lines were common, I got told that the scarcity in communist states is by design.
SuRe yOu lIvE iN tHe CoUnTrYsIdE, bUt YoU dOn’T nEeD a CaR. JuSt WaLk oR gEt A bUgGy.
Yeah over production of goods is a problem but the ussr was built different. Hungary(where im from) has the second best land for agriculture in all of europe only after ukraine and somehow we still had food rations. Same in ukraine too. They had it even worse.
Ukraine’e famine was likely intentional (or at the very least, it was controlled in a way to only affect that one area that happened to have a burgeoning independence movement).
when I pointed out that people had to wait for years to get a car, and bread lines were common
Breadlines weren’t common. Breadlines never took place in the USSR between WW2 ending and Perestroika taking place, you’re being ahistorical. Food supply wasn’t secure for all the population in any nation until the green revolution, the USSR being no exception to that.
Regarding waiting for a car, the soviet economy simply didn’t prioritize car manufacturing. The planning didn’t intend for every citizen to have a car in the 70s or 80s, they didn’t intend to make so many cars, so naturally, the people who had the wealth to buy a car, had to wait in waiting lists to get one, it’s not so hard to understand. There are no waiting lists in capitalism because you can segregate 99% of the population from consuming a particular good simply by making it expensive. In socialism, when you don’t have extreme inequality, most people will have access to purchase power for the vast majority of goods you produce. This in turn means that either you manufacture literally from the start one product for every citizen, or there will be waiting lists, it’s really as simple as that.
When you can’t afford a house in capitalism until you’re 35 (if you can ever afford it) you aren’t technically in a waiting list, so even if there’s only new housing for 5% of the population every year, there will be no “waiting list” because simply the prices will go up until only 5% can afford it. In socialism, the same 5% of housing can be afforded by 50% of people, so the way to allocate the goods is a waiting list instead of priority through wealth accumulation.
Do you really fail to understand this?
Access to transport is as important as housing, man. Do you really fail to understand this?
