Comments by "Bobby Jones" (@bobbyjones8317) on "Styxhexenhammer666"
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It's actually just the capitalist mode of production and the same capitalist relations. They have invited foreign capital into their country. But they've been able to survive crisis and continue their economic growth because of their centralized government and the way they plan. When issues arise, the Peoples Republic acts more decisively than the liberal democracies of the west, whether it be from natural disasters, protests, corruption in the party, traffic and pollution, etc. Because of the centralized party/state they can take immediate action when problems arise, while western liberal democracies all blabber like idiots when problems arise in all their different political parties fighting for electoral power and they never accomplish anything. When China transitioned from rural to an urban society they did it way more effectively than any of the other emerging industrial powers like the U.S. and Britain who both relied on war and imperialism to establish themselves. China's investment into other countries is also superior to the U.S., while the U.S. destroys other countries through war and destabilization, China builds things in other countries. China builds socially useful development, the West provides shitty fast food franchises and decedent commodities like porn and video games.
China isn't much different from the so called "mixed" economies of socialist and capitalist that have existed in Western countries during times of crisis with the state having matched power to the capitalist class. The difference is the one party centralism of the revolution has remained. The party that swept the ruling class from power still maintains control. And party members still have a vision for socialism and ultimately, to communism. This why when global economic crisis strikes I have more reason to bet that China could overcome it and survive better than the U.S. could.
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