Going down the bits I’ve highlighted above:
Karl Marx defines “Capital” as “dripping from head to foot, from every pore, with blood and dirt”. Elsewhere, he and Engles, in The Communist Manifesto, call for
- The end of private property
- State confiscation of all property
- Extinguishing (ie murdering) the bourgeoisie
- Abolishing the nuclear family
- Nationalising all industry and “means of production”
- Nationalising all credit, transport and communications
It’s all there, plain and in the open. What a horrid ideology! Which has ended in disaster and pyres of bodies everywhere it’s been tried. But Gen Z, young people? Fully 60%, want Socialism (aka Communism, or commie lite, if you must) in the US! Because they haven’t been taught communism’s murderous history. Which I saw first hand when I went to China in 1976.
"The old Chinese joke": you tell your god-son over and over, he’s your son; you don’t have to keep telling your actual son that he’s your son. “The lady doth protest too much, methinks” => “The Party doth reassure too much, methinks!” The Communist Party constantly telling private entrepreneurs that they needn’t worry... makes them worry!
"China’s growth in the last 40 years". I’ve said a million times, China has grown its economy in exact proportion to the extent to which Beijing allowed the spread of private enterprise. Zhou Xin: “China’s economic miracle over the last forty years is a historic process of liberating growth potential …”.
The “debt-fuelled model” based on State Owned Enterprises is inefficient and wasteful. Amen.
"Time for China to stop treating capital as a dirty word". Yeah, but nah. Not going to happen. Not under Xi Jinping.
