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I've been listening to "Blackshirts and Reds" on recommendation, but Parenti's view on China seems far more critical than I expected. What is the general opinion on China's post 1978 reforms? (hexbear.net)

submitted 3 months ago* (last edited 3 months ago) by WorkingClassCorpse@hexbear.net to c/askchapo@hexbear.net

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I feel like I don't hear much internal critique about China from the ML side of things - is this more of a 'critical support' posture or are people just generally more optimistic about long-term socialization of their market?

edit: if there are more reading materials that discuss this topic in-depth, I am very interested in recommendations

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[–] Yllych@hexbear.net 10 points 3 months ago (1 children)

I think this is one of the fairer takes. I think what's obvious is that since Deng the Chinese model is unquestionably the most effective growth model as far as global capitalism is concerned. They can beat anyone on those terms. But those terms have fundamental social and ecological limits and so we cannot afford to play by them any longer.

[–] PKMKII@hexbear.net 10 points 3 months ago

The heavy duty moves to improve environmental impacts and weed out corrupt businessmen suggests China is planning for that. Especially after the housing market crisis exposed the vulnerability caused by an overly financialized economy.