• holdengreen
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    2 years ago

    inequality went up under Deng, but Xi is tackling it head on

    • 陈卫华是我的英雄
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      2 years ago

      Honestly, the nature of inequality of Deng is often misinterpreted and it’s frustrating. Inequality wasn’t some “neobourgeoisie” seizing the assets of others; the economic pie increased for everyone but the development itself was lopsided and uneven. Aside from some controlled finance capital imports from spend-happy Westerners (Mao had tried and failed several times to industrialize because a certain Chiang Kai-shek stole all the fucking gold reserves when he fled to Taiwan) surplus extraction mostly did not exist and Maoists like to criticize China because everyone is not exactly equal, even though everyone is far richer than they were and the CPC is working to fix said problem. (https://www.qiaocollective.com/education/socialism-with-chinese-characteristics)

      • holdengreen
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        2 years ago

        I’ll have to read that. I got my numbers from Big Red Book on China which was made by a pro-CPC expat for other westerners to consume. Not sure if he’s a Maoist but he supports the CPC.