Trading late stage capitalism for mid stage capitalism and a pre-existing merger of state and corporate power doesn’t sound like a permanent fix. Also, deposing a strongman in favor a system that has reestablished it’s leadership as a strongman is not an improvement.
China is socialist, the large firms and key industries are publicly owned and the working class is in control of the state. They don’t have a “strongman,” just because Xi gets re-elected. Stability is good if public support is high.
China isn’t turning into a “hybrid of communism and capitalism,” it’s socialist, ie transitioning between capitalism and communism. It isn’t possible to sustain this transitional phase indefinitely, as production grows and develops so too does socialization, which forces higher stages of socialism.
Trading late stage capitalism for mid stage capitalism and a pre-existing merger of state and corporate power doesn’t sound like a permanent fix. Also, deposing a strongman in favor a system that has reestablished it’s leadership as a strongman is not an improvement.
China is socialist, the large firms and key industries are publicly owned and the working class is in control of the state. They don’t have a “strongman,” just because Xi gets re-elected. Stability is good if public support is high.
See here for a possible solution to turning a global China into a sustainable hybrid of communism and capitalism: https://philosophyofbalance.com/blog/new-monarchy/
China isn’t turning into a “hybrid of communism and capitalism,” it’s socialist, ie transitioning between capitalism and communism. It isn’t possible to sustain this transitional phase indefinitely, as production grows and develops so too does socialization, which forces higher stages of socialism.