Post
Topic
Board Economics
Re: China - everything is fine! But everything is bad ...
by
paxmao
on 05/08/2021, 12:25:52 UTC
China - everything is fine! But everything is bad ...
...
"... The Communist Party puts under control the capital that roamed during the Chinese NEP. Because it is afraid of this capital. The Bukhara slogan of 1925" Get rich, accumulate, develop your economy! " and his interpretation by Deng Xiaoping from 1978 "White cat, black cat ... The main thing is that she catches rats."
...

The problem is that the Chinese Communist Party realized that "the people received a lot of freedom, and began to adopt Western freedoms, and consider it natural. This means that there is no totalitarian power, there is no total submission, there is no total control. This means that the weight of the CCP is losing its influence. "

Certainly, a good article. The bottom of it can be described in a couple of sentences: Either you have free market and you benefit from it or you have a controlled economy and you do not benefit from individual entrepreneurship. Not that fully free markets do not come with its own set of problems. For an authoritarian regime, there is an obvious catch: wealthy people have tremendous influence and entrepreneurs  do things first and then ask permission or apologize. That is incompatible with the CCP retaining the degree of social control that is required to control power.

The choice is clear: have a poorer China, yet still strong, with a limited ability to create and invent outside the official guidelines thus with a handicap imbedded into their system. Yet that is going to be the choice, because the first rule of politics is "gain power", the second one is "remain in power" and the third one is "in case of doubt, read rules 1 and 2"