Where is China going?

Thank you, Greg Butterfield, for posting Richard Becker's perceptive talk on China.

Since the 1930s, global capitalism has strengthened itself by commandeering marxist ideas, benefiting from Keynesian economics, and social democratic programs in many advance economies. Yet it was not a strategy to surrender capitalism to socialism. In America, FDR's New Deal was a collection of marxist measures to save American capitalism from its structural faults. China, to preserve socialism within the context of undeniable material advantage achieved by a new financial capitalism invigorated by socialist trimmings and a new economic imperialism known euphemistically as globalization, is forced to adopt counter strategies to employ the wealth creating efficiencies of capitalist processes to advance socialist construction out of historical poverty.

The key questions concerning the correctness of these strategies are ones of control and direction. Chinese revolutionary strategies historically and at this juncture in history have been and is anchored three interrelated lines: 1) To maximize economic construction, growth and production via all available methods according to material, scientific and objective analysis of factual conditions and results (During Mao's time, positive interaction with the West was foreclosed by American embargo policies); 2) To strengthen the political leadership of the CPC to focus on the general aim of advancing toward socialism; 3) to contribute to world socialism through a multi-dimensional foreign policy that effective deals with the complexity and historical trends of global politics.

Under these strategies, China has boldly made use of market efficiency and capitalist devices as transitional processes to eliminate historical poverty left by Western imperialism, while being fully vigilant of the need to keep such programs as transitional servants to advancing overall policies of social construction. China definitively rejects Western democracy, either as a necessary condition for economic construction, or as a mode of government appropriate for building socialism. Dictatorship of the proletariat remains firmly the guiding political principle and the leadership of the Communist Party the only appropriate political structure. No faction in Chinese politics, left, right or center, denies the verity of the adherence to the Four Cardinal Principles: 1) keeping to the socialist road; 2) upholding the people's democratic dictatorship; 3) leadership by the Communist Party; and 4) Marxism-Leninism and Mao Zedong Thought (the integration of the theory of Marxism-Leninism with the practice of the Chinese revolution.)

In foreign relations, China aims to utilize all options of geopolitical alliances to move the world toward a socialist peace in a multi-polar world.

To present an accurate picture against incessant hostile disinformation, Jiang Zemin's report delivered at the 15th National Congress of the Communist Party of China (CPC) on September 12, 1997, states:

"Our con