With that in mind, we cannot heroize Deng. He lead an enormous growth in corruption, labour abuse and privatization. His efforts to sabotage the party and the idea cannot be undone, even if he developed productive forces and mantained the socialist state.
A simplified version:
[Economy]
To understand this, you may need to get your own research in S.M.E, so I recommend of you to read ''China's Socialist Economy'' by Xue Muqiao and to understand centrally planned Soviet economy, ''Economic Problems of Socialism in the USSR" by Joseph Stalin.
It is inheritely impossible for a large nation like China to shut itself off and isolate from global trading. It can do it diplomatically, cooperatively and anti-imperiastically, but it simply cannot go isolationist like the DPRK. However, trade and central-planning can coexist.
China operates under a ''Socialist market oriented economy'', which is, by the basis of fact, very similar to Tito's Yugoslavia or Lenin's Russia. China reverted back to the primary stage of developing socialism, the SASAC and ''private'' sector still have autonomy and stocks..
This leaves China open to private institutions, even though they are effectively state-controlled, they have some of their shares and can abuse of that power. China can sistematically eliminate billionaires, but they will keep reappearing with a market-based economy, that's true.
A critique of "market socialism" would be that yes, means of production are controlled by the state, but commodity production is being expanded rather than restricted. This emergencial system is doomed to fail if left unregulated.
https://www.marxists.org/reference/archive/zhang/1975/x01/x01.htm
''But how can China circumvent the markets and switch their system to a fully planned socialist economy?''
First and foremost, China already has economic planning, but it is compulsory and partial, as it acts more on state guidance and control rather than command. This is useful.
The Chinese state already has control and command over most of it's private sector and nationalizations are being widely implemented. For an example of a centrally-planned nation's trades, look at Cuba. 🇨🇺
This nationwide all-scaled planning can be done.
http://www.dcs.gla.ac.uk/~wpc/reports/plan_with_AIT.pdf
Since 2012, China is planning on developing a post-market economy and reaching the second stage of socialism, in their eyes, similar to the ones in the Soviet Union, which Comrade Hakim gives an explanation. A lot of those factors are seen in the PRC.
This development needs to be accelerated. Lenin stressed time and again that it is impossible to triumph over the bourgeoisie without exercising a protracted, all-round dictatorship over it. And that means, going beyond the markets. Automatization and AI are evergrowing.
[Geopolitics]
This is a touchy topic - due to the specifics of it, but China's foreign policy always has been an issue. Mao's Sino-Soviet Split was necessary, but brought with it soem questionable decisions. Such as backing UNITA and the Nixon affair. This did not stop, however.
Deng Xiaoping, as I stressed before, followed with an iron fist, backing such figures as the ones in the Khmer Rouge and even Al-Qaeda!
Modern China has avoided that, but their support for Duterte is not good. And they also are too neutral on the Naxalites. This will be expanded.
The Duterte situation must be carefully viewed. It brought with it a ''fine example'' of War on Terror, with material shipments to combat the Islamic terrorists, however, the continuous ''diplomacy'' can be detrimental to actual Filipino communists. He needs to be boycotted soon.
As China and India can end in Nuclear War, the best option for China is to destroy the Indian capitalists by proxy. They dispute eachother, as the Indian rich threatens to destroy the PRC while the indians are starving, China needs to expand support. https://journals.sagepub.com/doi/abs/10.1177/000944558602200302?journalCode=chra
========
This is my analysis. China has so much potential as a socialist nation and can develop so far. They are in their initial stages of anti-imperialist struggle and are a giant threat to American hegemony. However, they need to improve, and they are in their new era.
I hope for Xi Jinping to introduce major changes to the chinese economy, to reverse reforms and keep expanding nationalization, control and collectivization, socializing services and dealing with poverty. The workers and the people need to be served and Socialism will win!
You can follow @NathanielSoviet.
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