Hong Kong
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“I don’t believe anybody seriously believes Xi
intends to dispossess the rich. Rather, just like
many other countries, even some conservative ruled
ones, there may be higher taxes imposed.”Shows how little you know.
I don’t believe anybody seriously believes Xi intends to dispossess the rich. Rather, just like many other countries, even some conservative ruled ones, there may be higher taxes imposed.
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The state needs surplus value for the next bail out. They have asked some banks to forgive the debts of Evergrande. Some countries are going to reverse the course that they were following, they are going to increase taxation. This is not that I think this or that, it is the logic of operation of capitalism. Capitalists propose and market dispose.
I’m curious about this full communism by the time we’re all dead that TS keeps quoting, does he have anything resembling an official source for that? I can’t find one.
So TS, you acknowledge that there is economic exploitation of workers within the Chinese economy and that the Chinese billionaires and millionaires acrue their capital through the use of accumulation of surplus value.
In orthodox Marxist terms so far so good.
You have also stated that “China’s is a mixed economy. They are in a transition period now.” (although the concept of a “mixed economy” is not one that would fit in with any published work of Karl Marx)
The “communist” party of China has historically stated that China was in a stage of “underdeveloped Socialism” a theoretical position put forward by Xue Maqiao in 1981, based on the Stalin’s Economic Problems in the USSR (1952) (Which I think it is fair to assume that you support fully)
In Xue’s work (currently regularly referenced and acknowledged by the Chinese “communist” Party as a leading work) he stated that there were principles that guided the socialist transition, the key one being the principle of “from each according to his ability, to each according to his work“. This principle of from each according to their ability, to each according to their work is still put forward by the Chinese “communist” Party as the basis of the current economic system within China. However you have already agreed that this is not the case and that captial accumulation, surplus value and expoitation of labour is a key part of the Chinese economy. (unless you go along with the propagandists of capitalism who put forward the idea that the capitalists got their wealth “through their own hard work”?)
So who’s wrong, you with your acknowledgement of capital accumulation, surplus value and the exploitation of labour within the Chinese economy, or the Chinese “communist” Party’s statement that China is an underdeveloped socialist society which is based on the principle of “from each according to his ability, to each according to his work. The two things cannot both be correct.
“I’m curious about this full communism by the time we’re all dead that TS keeps quoting, does he have anything resembling an official source for that? I can’t find one.”
“In his report to the 19th Party Congress, President Xi mentioned two intermediate dates: 2035 (modern socialist country) and 2049 (mastery of all aspects of life: economic, social and technical).
He also mentioned the next centenary, 2121. By then, the government hopes, the population will be mature, well-educated prosperous and ready to assume responsibility for communist life.”
“This principle of from each according to their ability, to each according to their work is still put forward by the Chinese “communist” Party as the basis of the current economic system within China.”
Provide evidence for this claim.
“This principle of from each according to their ability, to each according to their work is still put forward by the Chinese “communist” Party as the basis of the current economic system within China.”
Provide evidence for this claim.
https://archive.org/details/ChinasSocialistEconomy1986/page/n3/mode/2up
Also:
Laws of the People’s Republic of ChinaArticle 6
“The basis of the socialist economic system of the people’s Republic of China is socialist public ownership of the means of production, namely, ownership by the whole people and collective ownership by the working people. The system of socialist public ownership supersedes the system of exploitation of man by man; it applies the principle of ‘from each according to his ability, to each according to his work’.”
“The system of socialist public ownership supersedes the system of exploitation of man by man; it applies the principle of ‘from each according to his ability, to each according to his work’”
That is clearly a contradiction. What Chinese Marxists have to say about this contradiction would be interesting.
http://www.xinhuanet.com/english/download/Xi_Jinping’s_report_at_19th_CPC_National_Congress.pdf
Well I can find the stuff about 2035, but nothing about the next century, maybe you can have better luck (or maybe Xinhua are anti-socialist falsifiers?)
“He also mentioned the next centenary, 2121. By then, the government hopes, the population will be mature, well-educated prosperous and ready to assume responsibility for communist life.”
No “from each according to their ability, to each according to their needs” till 2021 ! Another hundred years of capitalism and the state ! This is a killer quote if we can track it down and then use it and use it.
“we must also build on this achievement to embark on a new journey toward the second centenary goal of fully building a modern socialist country.”
http://www.chinadaily.com.cn/china/19thcpcnationalcongress/2017-11/04/content_34115212.htm
That is a long way from committing to full communism by 2121, it is merely committing to ‘socialism’ as a transitional society, in one country. Also, in the sense I read the surrounding text, that’s referring to the post-2035 phase, which is defined as:
“New heights are reached in every dimension of material, political, cultural and ethical, social, and ecological advancement. Modernization of China’s system and capacity for governance is achieved. China has become a global leader in terms of composite national strength and international influence. Common prosperity for everyone is basically achieved. The Chinese people enjoy happier, safer, and healthier lives. The Chinese nation will become a proud and active member of the community of nations.”
I think a claim has just died a horrible painful death at the hands of the internet…
“I don’t believe anybody seriously believes Xi
intends to dispossess the rich. Rather, just like
many other countries, even some conservative ruled
ones, there may be higher taxes imposed.”
Shows how little you know.TS did you read the concluding sentence of the Chinese based banking link I provided.
‘President Xi Jinping convened a high-level meeting last week that highlighted wealth inequality and called for “reasonable adjustments to excessive incomes.” ‘
Reasonable adjustments to excessive incomes
Does that sound like dispossession to you? As you keep telling us, China is a mixed economy and as such will apply fiscal measures to close the inequality gap.
However, it cannot end inequality per see because capitalism requires relative poverty levels to exist to provide the momentum of capital accumulation – the need for an industrial reserve army.
China’s power cuts
“…And as electricity demand has risen, the price of coal has been pushed up. But with the government strictly controlling electricity prices, coal-fired power plants are unwilling to operate at a loss, with many drastically reducing their output instead…”
The law of capitalism – no profit, no production
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