So with the 1970s reforms the CPC allowed foreign companies and capitalism to come into the PRC, reducing the equality of workers with the owners, regressing closer to capitalism from socialism. These companies obviously exploit the Chinese workers to make giant profits. Even today there is a strong 996 work culture in the PRC. Does this amount to Chinese Revolution being exploited? I just feel uneasy about it.
Secondly, this is an educational community. No sources = your comments or posts will get removed.
I don’t know if I am allowed to link to it since technically you have to ‘buy it’, but the book “China: From Permanent Revolution to Counter-Revolution” by John Peter Roberts was one recommended to me by a Chinese friend whose family left due to their staunch support for Maoism. Lovell’s work as well (I think its just called “Maoism”).
Also the fact that China, out of pragmatism, joined institutions like the IMF and World Bank. They also supported Nepal’s royalists in the Civil War http://news.bbc.co.uk/2/hi/south_asia/4469508.stm which I find to be far too pragmatic for my tastes. I am not saying China needs to be overthrown, that its a totalist hellhole, or that its people suffer unduly - I am saying that the actions they have taken have weakened its socialist institutions in favor of ones that see it now locked into ‘pragmatic’ courses where the west can make psychotic threats of starving the entirety of the nation and clipping systems it has become reliant upon.
I know having an ardently anti-Market socialist stance is unlikely to be popular here, but part of what enabled the socialist movement during the Cold War to combat capitalism as it did were institutions like CMEA providing an alternative framework to things like the IMF.
What evidence do you have that China has weakened its socialist institutions? Because state control over the economy remains dominant:
China being a part of the IMF or World bank does not make them a betrayer of socialism: they join those institutions to exert influence and get better trade deals. They also do deals with whatever party is in power in any given country, they even trade with the most evil empire in world history, the US! Isolating yourself from the world economy, refusing to trade with other countries because you disagree with the politics of the ruling party, is pure utopianism that harms citizens of both countries.
More sources: