this post was submitted on 21 Dec 2024
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Who's to say that's the best length of time for a transitory period, in all countries? Why are you sure you're right and China's leadership is wrong? If the USSR could allow limited private control of businesses for a time and then revoke that, why can't China?
Note that Mao himself was far from strictly opposed to private ownership of capital, at least as long as the national bourgeoisie did not seek to undermine the socialist project:
I'm not saying their leadership is wrong - I say they are not socialist, and New Economic Policy was also not socialist, but rather liberal. Whether the tradeoff is worth it is not up to me to estimate.
Neither did I say that Mao was a perfect example of a strictly socialist leader; it's just that Deng Xiaoping has moved Chinese economy into a more liberal territory.