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I think that it is really true. The CCP's implicit bargain is that it delivers perpetually increasing growth and economic prosperity to the average person (comp
by leggomylibro 9y ago
I think that it is really true. The CCP's implicit bargain is that it delivers perpetually increasing growth and economic prosperity to the average person (compared to last year), and the average person keeps their mouth shut.
That bargain breaks down when growth stops accelerating, and obviously you can't have accelerating growth forever. The CCP's real overarching goal is to "maintain social stability," and that is exactly as dystopian as it sounds, if not more so.
And stifling discussion is a big part of that; this sort of comment would definitely ding your 'score'.
- adventured 9y agoOne of the points of Xi's new dictatorship, is precisely that China can't keep the growth engines going any longer as is. They had to take on $40 trillion in debt over the last eight years to keep faking growth. Every year they 'grow' their GDP by $600 or $700 billion, they have to take on $3 to $4 trillion in new debt to do it. Their total debt to GDP ratio is now nearly the worst of any country, and it's expected to get worse by another ~75% in just the next five years. I think Xi knows the economic party is over and that there are going to be extremely bad social consequences to that coming up. The dictatorship is meant to possess the power necessary to put down those consequences in any way they deem necessary.