Communism
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Am I correct then in assuming you are of Chinese origins but don't support the direction the CPC has been heading towards after Deng?
Yes
How could anyone support Deng with a straight face?
Deng was responsible for repressing Jiang Qing and her 3 closest comrades then waged a relentless propaganda campaign against them. Even broadcasting their trial on live TV!
The only good thing Deng did was roll tanks over the counter-revolutionaries at Tienanmen.
But even on that point, Jiang Qing was correct in asserting "Deng Xiaoping let in all those Westerns ideas".
Dengoids like to pretend that Deng was playing 5d chess and was upholding socialism.
All he did was align China with the USA against the Soviet Union and force the Chinese people into embittered wage slavery in the service of Western multinational corporations.
Corruption was so bad before Xi Jinping came to power that you could kill a person in China and get off scot free for $5000. That was the wonderful paradise Deng created the price of murder dictated by the "socialist market" being $5000
**That being said **I fully support Chinas rise whether Socialist or capitalist at this juncture in history. But if Deng had not defeated then propagandised against the MLs in CPC - Chinas development would've been more balanced and the West would never have entered into their "end of history" phase. Instead they would be wracked with social upheaval at not being able to access cheap Chinese goods to offset declining living standards, China wouldn't have become so polluted and it's overall economic development would've been better.
Full opinion is in this book. I am currently scanning it so might be able to link a pdf
While Deng reforms clearly did introduce a lot of problems associated with capitalist exploitation, it's important to note positive effects as well. These reforms allowed China to be integrated into capitalist world economically precluding open conflict. USSR was forced to spend around half its GDP on the military, while China was able to devote resources and labor towards productive causes. All of that directly led to things like BRI where China could start exporting its know how to other developing countries. Integration with the west also allowed for mass technology transfer and bootstrapped high tech economy in China. Friendly relations with the west also meant that Chinese students could be educated in top western universities. All of these factors allowed China to become the superpower that it is today.
I grew up in USSR, and one of the biggest challenges was that many intellectuals felt restricted within the system. This bred resentment towards the system as a whole and it meant that you couldn't let people leave because many of your best and brightest would end up moving to the west. I think China is in a far better position today precisely because it's possible to have the same quality of life as in the west.
Capitalist excess is now being actively curbed under Xi, but it's unarguable that capitalism allowed productive forces to be developed very rapidly. Now China is able to build socialism from a place of relative prosperity. So, it seems to me that the reforms had a net positive effect in the long term.
Had there been no Sino-Soviet split, then perhaps USSR and China could've created their own economy that could've matched the west. However, after the split happened, both were in a much weaker position and were not able to develop to their full potential.