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The problem is that Xi hijacked the CCP. He’s now on his way to transitioning China back to socialism and a centrally planned economy.

jqpabc123 3y ago
Did Xi hijack the CCP --- or did the CCP try to hijack capitalism and Xi is just their frontman?
- SllX 3y ago
  Prior to the most recent National Congress of the CCP, the General Secretary of the CCP and Paramount Leader of the PRC would only serve two terms of 5 years. Xi Jinping is now in his third term. He also made a show of having his immediate predecessor dragged out of the proceedings without explanation, and so Hu Jintao was unable to cast any votes. When the voting was all said and done, Xi Jinping was retained for a third term as Chairman Winnie the Pooh; and Li Zhanusa who appeared visibly upset and attempted to help Hu Jintao until being pulled back by Wang Huning and Li Keqiang of the Hu faction were not retained for the 20th Central Committee. In order to show Hu Jintao was not disappeared, he was later appointed to oversee the funeral proceedings of his own immediate predecessor, Jiang Zemin, over 35 other people who were ahead of him on a list of people to oversee the proceedings. So you tell us, did Chairman Winnie the Pooh here hijack the CCP or is he just their frontman?
  - nonrepeating 3y ago
    That's an interesting question. The Economist attempted to answer it with their series "The Prince" (https://www.economist.com/theprincepod https://www.economist.com/theprincepod), and I believe their conclusion is that Xi has indeed consolidated power around himself and is nearly an autocrat at this point. Two provisos on this, however: - The author, Sue-Lin Wong, is something of an outsider, and outsider reporting on China typically misses some subtleties of the real situation in the country. - Given the nature of China, there will never be a fully autocratic leader there, though it may appear that way to some, and the would-be autocrat might be deluded into thinking they are.
- deleted 3y ago
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- chaostheory 3y ago
  That was their hope that Xi would be an easily controlled puppet. If that was the case, it would still be business as usual without the giant messes of Wolf Warrior diplomacy, the ending of one China two systems policy, and the kidnappings of Jack Ma and other capitalist elites which has led to decoupling and a mass exodus of said elites and as many assets as they can take. Xi is not their front man. Xi is now their ruler who wants to regress China back to Mao’s system. The CCP also adopted capitalism. I don't see how they hijacked it.
qzw 3y ago
“Socialism” but without any of the social safety nets, from what I hear. Lots of retirees getting their pensions reduced, their personal savings in the form of real estate (~75% of household wealth) sinking in value, can’t even see a doctor without waiting for months (unless paying high fees out of pocket), high debt loads both public and private, deflationary pressures, and oh, the whole population shrinkage thing in the long run. Daunting challenges even for a fearless leader that knows what he’s doing, not to mention the one they’ve got.
- yycc9866tfbvxd 3y ago
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- chaostheory 3y ago
  > Lots of retirees getting their pensions reduced, their personal savings in the form of real estate In socialism, there’s no need for a pension. The state will decide what to distribute, how much and to whom. > can’t even see a doctor without waiting for months (unless paying high fees out of pocket) In socialism, you get allocated resources and services from the “community” aka state. When resources are finite, you wait in lines. We’re already seeing that in nations with socialized healthcare without a private option > the whole population shrinkage thing in the long run Thank you for bringing that up. All modern economic systems, socialism included, require growth.
bannedbybros 3y ago
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jqpabc123 3y ago

Did Xi hijack the CCP --- or did the CCP try to hijack capitalism and Xi is just their frontman?

SllX 3y ago
Prior to the most recent National Congress of the CCP, the General Secretary of the CCP and Paramount Leader of the PRC would only serve two terms of 5 years. Xi Jinping is now in his third term. He also made a show of having his immediate predecessor dragged out of the proceedings without explanation, and so Hu Jintao was unable to cast any votes. When the voting was all said and done, Xi Jinping was retained for a third term as Chairman Winnie the Pooh; and Li Zhanusa who appeared visibly upset and attempted to help Hu Jintao until being pulled back by Wang Huning and Li Keqiang of the Hu faction were not retained for the 20th Central Committee. In order to show Hu Jintao was not disappeared, he was later appointed to oversee the funeral proceedings of his own immediate predecessor, Jiang Zemin, over 35 other people who were ahead of him on a list of people to oversee the proceedings. So you tell us, did Chairman Winnie the Pooh here hijack the CCP or is he just their frontman?
- nonrepeating 3y ago
  That's an interesting question. The Economist attempted to answer it with their series "The Prince" (https://www.economist.com/theprincepod https://www.economist.com/theprincepod), and I believe their conclusion is that Xi has indeed consolidated power around himself and is nearly an autocrat at this point. Two provisos on this, however: - The author, Sue-Lin Wong, is something of an outsider, and outsider reporting on China typically misses some subtleties of the real situation in the country. - Given the nature of China, there will never be a fully autocratic leader there, though it may appear that way to some, and the would-be autocrat might be deluded into thinking they are.
deleted 3y ago
[deleted]
chaostheory 3y ago
That was their hope that Xi would be an easily controlled puppet. If that was the case, it would still be business as usual without the giant messes of Wolf Warrior diplomacy, the ending of one China two systems policy, and the kidnappings of Jack Ma and other capitalist elites which has led to decoupling and a mass exodus of said elites and as many assets as they can take. Xi is not their front man. Xi is now their ruler who wants to regress China back to Mao’s system. The CCP also adopted capitalism. I don't see how they hijacked it.

qzw 3y ago

“Socialism” but without any of the social safety nets, from what I hear. Lots of retirees getting their pensions reduced, their personal savings in the form of real estate (~75% of household wealth) sinking in value, can’t even see a doctor without waiting for months (unless paying high fees out of pocket), high debt loads both public and private, deflationary pressures, and oh, the whole population shrinkage thing in the long run. Daunting challenges even for a fearless leader that knows what he’s doing, not to mention the one they’ve got.

yycc9866tfbvxd 3y ago
[dead]
chaostheory 3y ago
> Lots of retirees getting their pensions reduced, their personal savings in the form of real estate In socialism, there’s no need for a pension. The state will decide what to distribute, how much and to whom. > can’t even see a doctor without waiting for months (unless paying high fees out of pocket) In socialism, you get allocated resources and services from the “community” aka state. When resources are finite, you wait in lines. We’re already seeing that in nations with socialized healthcare without a private option > the whole population shrinkage thing in the long run Thank you for bringing that up. All modern economic systems, socialism included, require growth.

bannedbybros 3y ago

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