British broadcast with an obviously liberal perspective in its commentary, but surprisingly mostly objective, neutral or even positive at times. Definitely more positive than anything you would see about China on the likes of BBC nowadays.
I found a YouTube link in your post. Here are links to the same video on alternative frontends that protect your privacy:
I can’t understand Deng like his open market economy policy saved China in a way but they got far away from Marxism and they never turned into state capitalists like liberasts said
They didn’t really move away from Marxism, they moved away from trying to more fully plan the economy before the productive forces were developed enough for that to be the most efficient form. China’s biggest struggle at the time was a lack of development of the productive forces. China also had markets and diverse forms of property ownership under Mao and the Gang of Four, it wasn’t like Deng just added markets to a planned economy.
What made the CPC successful is retaining ownership of the large firms and key industries. Markets can be a useful tool like fire can be, but it has to be controlled scientifically or it goes haywire, and at certain levels it isn’t as efficient as electric heating, and thus needs to be phased out. By using markets mostly in small firms and secondary industries, China was able to stabilize growth and retain control of its industry.
Put another way, the one who controls the rubber factory controls the rubber ball factory indirectly. The CPC does the same, but for the entire economy through dominating the large firms and key industries.
Cheng Enfu also has a helpful diagram showing their strategy:
Do you know, or have information about, how planning is done in the face of unpredictable hostile acts from outside entities, such as sanctioning and embargos? I mean they’re predictable to certain extents, but there are certainly unforseen variables. I’m also interested in how unpredicted variables were mitigated historically and lessons integrated into current planning. Thanks.
This is where concepts like the “Great firewall” come in. China develops independence, and relies most on itself for what it uses and produces. The Belt and Road Initiative is also about fostering trade and becoming a key player in the economy so it’s difficult to embargo or sanction. Sometimes, outside influence does try to manipulate things one way or the other, but by having strong sovereignty over their own production and media, foreign capital has its hands tied. The prolewiki article on the PRC is very in depth, I also like Qiao Collective’s SWCC intro guide.
I thought as much, regarding self-reliance, and it’s made me appreciate juche, with my limited understanding. While global trade is good, self-reliance is better, and need not preclude global trade, when states remember we’re all siblings, on our little blue rock. Thanks for your answer, I look forward to reading based on your reply.
No problem!
This is why it is important to study this history. Once you understand what conditions in China were like in the 1970s, not in theory on paper but actually see how impoverished a majority of the country was and how much they still lagged behind, you will understand why they had to do what they did. Underdevelopment was the biggest issue facing China at the time by far, and tackling this monumental problem was existential to the survival of the socialist project, possibly even of China as a unified country.
