Socialism with Chinese characteristics (SWCC)
Life2Space
joined 2 years ago
I don't understand. What exactly is the U.S. trying to distract everyone from?
Socialism with Chinese characteristics (SWCC)
I don't understand. What exactly is the U.S. trying to distract everyone from?
To be fair, China is "revisionist" in that it no longer follows a thoroughly centrally-planned economy, publicly advocates for class war against the international bourgeoisie by exporting revolution, and makes defense pacts with other left-wing governments out of ideological solidarity; similar to what existed in the USSR. However, this is not necessarily a bad thing. The Chinese saw that their current model wasn't improving the quality of life of the people - at least, not as much as they had hoped for; so, they decided to stave from political fundamentalism and strive to do whatever it takes to objectively raise the living standards of the common person; and to accomplish that goal, a mixed economy where the public sector remains dominant was adopted.
At the end of the day, reality is the final arbiter of theory; and reality has greatly rewarded the Chinese.
I think a more interesting question is what China would be like if the reforms and opening up didn't occur; whether the PRC would have survived, or even thrived, if its' mode of production wasn't revamped.