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Where
Does China's Economy Lead To?
by V.S.
8 August 2011
China's economic development is
based on the typical 3rd World model which is
geared to servicing the 1st World. It is not a
system which directly "serves the
people". It also takes the hard won Chinese
Revolution BACKWARDS from the creation of a more
egalitarian society. The "Black or white
cat" system may have been originally
intended to use capitalist advancements to
benefit China but this has now totally got out of
hand. Private ownership and greed have once again
reasserted their grip of the Chinese mind and
released many devils which were previously under
control. Also more menacing is the rise of a new
aristocratic class from the embedded party
apparatchik.
Now that the 1st
World is going to bankrupt China and many
factories will be facing shut downs as demands
for goods drop. A system based on supply and
demand is rather insecure, which is a truism of
capitalism. Sadly China has been invaded and
taken over by "name brands" from the
West.
It doesn't mean Western products
are intrinsically "bad", in fact, they
could be used to improve the welfare of the
general public if they are brought within the
framework of the national economic system. On the
other hand, there may be bad points associated
with the "iron pot" but there are also
many good things coming from it. The most
important question is where you go, and the next
is how you get there.
I like those modern
Chinese communes which have adapted
capitalist production and marketing. They are
more "democratic" than private
enterprises but at the moment this model is still
heavily dependant on exporting the goods to
oveaseas market.
Perhaps if the system is more
"internalised" it can cushion the
country from outside economic breakdowns. It can
be an "Internal Economy" based on a
self sufficient model- not a new idea, sure.
China is such a vast economy it can do its own
internal "export" and
"import" whereby different economic
regions produce specialsied products and trade or
barter good with each others.
Sooner or later the new Chinese
economy will come to its bottleneck. Can you
imagine that there is a over surplus of luxury
apartments in a country where the
majority cannot afford such dwellings in a life
time! So much money wasted to build empty
cities. It's a crime!
I also learned that many of these
high rise "wonders" are not being
maintained properly and they are starting to
deteriorate. Many glass walls have shattered and
fell on people below- injuring and killing some.
Visitors often observe that the Chinese do not
look after their buildings. They start to look
"tatty" after the initial shout of
"what a beautiful building". The reason
- too expensive to keep maintenance. And that may
be the truth. It would be interesting to go
behind the poltiical mechanism of how these
buildings are proposed and built.... It in a way
reflects how fast the Chinese are progressing but
fail to look after what they created and these
start to crack and shatter!
At the time people thought Mao's
warnings over the danger of seeing China's social
system going backward if China is led to the
capitalist road were just
"sloganeering" but thinking back there
are so much truth in them.
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