Vidiwell [any]

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Joined 4 years ago
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Cake day: July 28th, 2020

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  • Highly recommend imperialism and the development myth as a necessary book based in Lenin’s theory of imperialism, value added manufacture, and more, to dispel any myths about the opening up and reform within china having a “good” end.

    and for those still defending that china will be pressing the big red socialism button any time soon, or even promoting more SOE’s as compared to further marketization, there recent plenary has plenty of details that should pour some water on that. http://english.www.gov.cn/policies/latestreleases/202407/21/content_WS669d0255c6d0868f4e8e94f8.html “While promoting independent operation of natural monopoly businesses in sectors such as energy, railway, telecommunications, water conservancy, and public utilities, we will advance market-oriented reforms in the competitive areas of these sectors and improve regulatory institutions and mechanisms.”

    if one cant accurately delineate between khrushchev or deng, between what the NEP was and what “opening up” was, how losing control the states monopoly on trade will affect your countries relationship to the law of value, how modern monopoly works there’s little sense in trying to speculate further. all of these are questions I am still attempting to unravel, but my travels so far have lead me to be more neutral on china’s long term prospects.

    of course, all of us are here to defend china from imperialist aggression, but you can take your pick of other more optimistic analysts, michael hudson has clout around here, but his “finance” thesis I have always found to be a bit more vibes based than I like.