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The CCP Announces its Intention to Destroy China’s Economy
Xi Jinping has announced his plans for imposing party control over private businesses in China. The goal is to increase the CCP’s control over private enterprise. Asia Times Financial reports:
According to the new provisions, private firms will need a certain amount of CCP registered employees, which is already a long-term practise in large private firms but not smaller ones.
These cadres will make sure businesses follow the guiding ideology “Guided by Xi Jinping’s Thought on Socialism with Chinese Characteristics for a New Era.”
They will also guide private business people to enhance the latest CCP catchphrases – “four consciousnesses”, strengthen the “four self-confidences”, and achieve the “two safeguards.”
Duties of cadres will include the duties of strengthening ideological guidance, guiding private economic figures to increase their awareness of self-discipline, build a strong line of ideological and moral defence, strictly regulate their own words and deeds, cultivate a healthy lifestyle, and create a good public image.
As night follows day, economic decline will follow Xi’s new industrial policy.
Published in General
As far as “creatng a good public image” goes, they have nowhere to go but up.
Like our own elite, the poorest people will suffer while the politically connected will be the most unaffected by their policy. This is especially tragic in China because their poor people are poor in a way that most Americans can’t comprehend. I know that the vast majority of Ricochetti are more concerned about how the Chinese debilitate our own poor people. That too is a fair concern but no one has been more maltreated by the ChiComs than the poor and minority people they rule.
Makes one wonder if Chinese-owned businesses in the US and elsewhere will be guided by the same principles? CCP-registered union labor? Day jobs for Antifa?
What is it with the primitive mind and the magic of small integers? The Two Safeguards, the Four Consciousnesses, the Seven Toes, the … what? no, no pictures please.
All cultures are susceptible to the One Lie, but I can’t think of any modern people who fall for it in this form.
Hmm. Create, over four decades, an economically-empowered class then foist this upon them? It’s hard to say what the reaction will be within China, but, as the OP’s title suggests, we can guess the economic impact.
Have at it, boys. We will pray for your citizens.
It works for the modern elite Han. The Han are racially superior and Communism is good. More like two lies in one. As evil and stupid as those lies are, humans have a horrible penchant for them.
Well, well, well . . . isn’t this an interesting development . . .
We should welcome their escaping citizens.
What the slogans mean:
Four Consciousnesses
1. Ideology
2. The Whole
3. The Core
4. The Line
Four self-confidences
1. Cultural foundation of socialism with Chinese characteristics
2. Cultural essence of socialism with Chinese characteristics
3. Cultural ideal of socialism with Chinese characteristics
4. Cultural construction of socialism with Chinese characteristics
The first three self-confidences were first declared during the 18th National Congress of the CCP in 2012.
Two Safeguards
1. Religious Freedom
2. National Security
Well, the CCP may embed cadres to enforce ideological conformity in business, but they can’t outdo some of our own corporate HR departments these days.
If the Chinese overtake us, it will be because of our HR departments and our colleges.
If we didn’t have HR and liberal arts colleges grinding everything to a halt, we would have colonized other planets by now.
We don’t know if that is an objective of the announcement, if true how long it will take to seriously weaken the economy. Their economy is powerful, and the political power of the rulers great but still limited by their vastness, diversity and huge body of poor who can add to growth. We’re in a struggle for the foreseeable future and can speak about such matters but must be highly cautious. Our objective is to avoid letting the socialists at home destroy us so that we become easy prey. We’re on the edge here and if we fail to manage it we lose to them.
This is sad. More suffering is in line for the Chinese people.
Xi shared the mindset of a lot of big government pols here, in that they think they know better than everyone else how to direct the overall economy — in the case of China, he thinks the loosening of controls that occurred after Mao’s death has served its purpose, and he can now direct the economy with no negative consequences of trying to restrain market forces. What it’s more likely to mean long-term is China’s simply going to go back to the normal communist way of advancement, where the major innovations are only done by stealing other peoples’ stuff, and then not perfecting it quite right (see the Soviets and the TU-144 at the Paris Air Show for an example of that type of theft in action….)
And yet, with this announcement they have accelerated downward. Quite the…accomplishment.
Like Xi, Lenin believed that capitalism had solved the problem of production and that the state could simply expropriate the commanding heights of industry and continue producing wealth. He declared that “any literate person” was capable of managing any part of the economy, from banks to factories. Very quickly, however, he learned that running a business was far more complex than he had ever imagined. With political commissars in charge, production plummeted, people starved, and peasants rioted.
And he didn’t need to pay his rioters.
Of course, they were grassroots riots, not astroturf riots. I hear those work a little differently.
Richard,
Oh, where is Thomas L. Freidman of the Times hiding today? There is such a simple explanation for this decision of Xi’s. They are MARXIST MAOIST MONSTERS!!! Sorry for yelling but Thom has concrete between his ears and so he never noticed that he was selling a hideous Maoist state tyranny all these years.
I regret to inform everyone that after they crush Hong Kong under their jackboot, Taiwan will be next on their list, then South Korea, then Japan and Australia. No problemo, at least if you are hiding in the NYTimes building in NYC. If you were in the Western Pacific you’d be very unhappy.
Just another day in the neighborhood.
Regards,
Jim
And how is Religious Freedom defined? Is it the usual Communist lies or religious freedom is the freedom is worship as the government tells you or , even better, religious freedom is the freedom to worship the government and CCP.
Well said. On another note, apparently one of the problems in the continuing modernization of the Chinese navy is that they have to have a political officer on board AND he/she is the equal of the commander of the ship. Not good in so many ways.
State approved churches staffed by state approved clergy.
It’s all in the fine print.
We should be cautious about welcoming their “escaping” citizens. They may be booby-trapped, and almost certainly will be under constant surveillance by the CCP.