A top economist has joined the growing list of China’s elite to have disappeared from public life after criticizing Xi Jinping, according to The Wall Street Journal.
Zhu Hengpeng served as deputy director of the Institute of Economics at the Chinese Academy of Social Sciences (CASS) for around a decade.
CASS is a state research think tank that reports directly to China’s cabinet. Chen Daoyin, a former associate professor at Shanghai University of Political Science and Law, described it as a “body to formulate party ideology to support the leadership.”
According to the Journal, the 55-year-old disappeared shortly after remarking on China’s sluggish economy and criticizing Xi’s leadership in a private group on WeChat.
Wait but Hexbear said that China is a democracy? Did they lie?!??
I had the most hilarious discussion with a Tankie about China a while back. They refused to accept that China is pretty much communist in name only. I pointed out that they had billionaires, privately-owned companies, a stock exchange and private property, meaning you can earn capital in China.
The Tankie actually said something on the lines of, “If you would JUST READ MARX you would know that earning capital is a fundamental cornerstone of communism!”
I mean, you definitely should read Marx. China is Socialist, guided by a Communist Party. It hasn’t reached Communism, and when they tried to jump to Communism under Mao and the later Gang of Four, they ran into massive issues because the Means of Production weren’t developed enough.
Marx maintains that the next Mode of Production emerges from the previous, dialectically. That doesn’t mean China needed to let Billionaires run rampant, doing whatever they want, it means that it was the correct gamble to heavily industrialize and interlock itself with the global economy while maintaining State Supremacy over Capital, focusing more than anything on developing the productive forces.
Like it or not, the USSR largely collapsed due to trying to stay isolated from the West, which legitimately led to dissatisfaction towards the lack of consumer goods. They had strong safety nets and all the necessities they needed, but lacked the fun toys (to simplify a multi-faceted issue, along with increased liberalization and betrayals from Gorbachev). The PRC watched this in real time, and didn’t want to repeat it.
In that manner, the PRC is Socialist. It maintains a Dictatorship of the Proletariat over Capital, Billionaires fear persecution, state ownership is high and growing, the Proletariat’s real purchasing power is growing. The bourgeoisie exists, but has been kept no larger than can be drowned in a bathtub, in terms of power relation to the CPC, so to speak.
There is risk of Capitalist roading, and the bourgeoisie wresting control from the CPC. This risk is real, and is dangerous, but it hasn’t happened yet. Wealth disparity is rising, so we must keep a careful eye on it.
The greatest analytical tool of a Marxist is Dialectical Materialism. When analyzing something, it isn’t sufficient to take a present-day snapshot, you must consider its history, its relations to other entities, its contradictions, and its trajectory. Engels was a Capitalist, was Marx hypocritical for keeping Engels as his closest friend and ally? No. Class reductionism is dogmatic, we must analyze correctly.
Free West Taiwan! Hopefully, the CCP built dump will implode.
