Friday, September 03, 2021

Helmsman Xi takes China back to the future

Recommendable!

With its recent 100th anniversary behind it appears the Communist Party of China has reached its zenith or turning point! The self proclaimed dictator for life Xi Jinping in his drive for purity and hegemony is perhaps ringing the death knell for the party! His grandiosity and pomp could be his undoing!

Recently, the CPC started a campaign against some of the usual communist arc enemies like decadence and the bourgeois as if it is Mao's disastrous Great Proletarian Cultural Revolution again! E.g. children are barely allowed to play video games anymore. The many newly rich are being targeted and more ...

"... He [the dictator] has moved swiftly as the party’s second century starts, intensifying the core programs already underway to rein in the private sector and especially its most successful entrepreneurs. Xi is also reconstructing school and university curricula to focus on CCP dogma and ‘Xi Jinping thought’, and has striven to build support in the ‘masses’ beyond the party to return China to Mao-era party verities. ...
The new economic and social goal is to build ‘common prosperity’ as ‘the essential requirement of socialism,’ Xi said in August. ‘Unreasonable incomes’ are to be ‘rectified’. A swathe of China’s leading-edge industries, including information technology, ride-sharing, e-commerce and education provision, have been hit by new state-imposed constraints, and Chinese equities have lost a trillion dollars in value. ..."

Helmsman Xi takes China back to the future | The Strategist

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