this post was submitted on 24 Sep 2024
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A top economist has joined the growing list of China's elite to have disappeared from public life after criticizing Xi Jinping, according to The Wall Street Journal. 

Zhu Hengpeng served as deputy director of the Institute of Economics at the Chinese Academy of Social Sciences (CASS) for around a decade.

CASS is a state research think tank that reports directly to China's cabinet. Chen Daoyin, a former associate professor at Shanghai University of Political Science and Law, described it as a "body to formulate party ideology to support the leadership."

According to the Journal, the 55-year-old disappeared shortly after remarking on China's sluggish economy and criticizing Xi's leadership in a private group on WeChat.

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[–] volodya_ilich@lemm.ee -2 points 1 month ago (1 children)

No, it didn't "fail" by any historical account. If you look up even on Wikipedia, which has an extremely western bias, you'll see that the article is called , "dissolution" of the USSR, not failure or crumbling or whatever revisionist word of the day you wanna choose. The USSR was booming, it enjoyed overwhelming legitimacy in the vast majority of its republics (with some notable exceptions in the Baltics mostly) as proven by the soviet referendum to maintain the USSR, and it was only dissolved from the top down by a few party members, not a failure or crumbling by any means. The 90s crisis wasn't created by socialism, it was created by the newly formed capitalist government which auctioned the country to the most corrupt bidder and created the russian oligarchy that we all hate now. It was literally directed by western institutions like the International Monetary Fund and economists from MIT, you can feel free to study this subject in the slightest if you're interested and you'll see that what I'm saying is right (clearly you haven't done so before).

[–] TachyonTele@lemm.ee 1 points 1 month ago (1 children)
[–] volodya_ilich@lemm.ee -1 points 1 month ago (1 children)

Nah seriously, look up the role of the IMF in the "restructuring" of the Russian economy. And look up the social and economic consequences

[–] TachyonTele@lemm.ee 2 points 1 month ago* (last edited 1 month ago)