China develops as capitalism is mired in crisis

By Heiko Khoo
0 Comment(s)Print E-mail China.org.cn, March 8, 2012
Adjust font size:
Steady advances [By Jiao Haiyang/China.org.cn]

Steady advances [By Jiao Haiyang/China.org.cn]



Chinese Premier Wen Jiabao's Work Report of the Chinese Government re-iterated a shift in emphasis towards the quality rather than quantity of growth, as elaborated in the nation's 12th Five-Year-Plan (2011-15). Historically speaking, the question of quality was always the weakest link in a planned economic development. Driven by the need to catch up with developed countries, planned economies concentrated on investment in capital-intensive industries and relegated the consumer to a secondary priority. They were able to mobilize and concentrate resources rapidly without private capital. However by the 1980s, stagnation seemed to strangle the communist vision, lethargy conquered enthusiasm, and cynicism drowned out revolutionary idealism.

In circumstances governed by economic stagnation, the finest words and ideas bore little weight against the power and glitter of the capitalist world. The isolationist and semi-autarchic model, which stemmed from Stalin's theory of Socialism in One Country, collapsed like a house of cards. It appeared that capitalist property relations would reign supreme and all efforts to stop this tide would be hopeless.

China's pathway since 1978 has been widely characterized as gradual advancing of capitalism into a planned economy; starting in agriculture, spreading to special economic zones and finally reaching the urban areas and state enterprises by the late 1990s.

The Great Recession shifted the global geo-political, economic and intellectual paradigm. The wealthiest capitalist countries entered a period of profound stagnation and China's planning system proved its vitality and resilience by radically adjusting its focus towards state investment, introducing big improvements in the living standards and welfare of the masses.

The emphasis on green growth, improving workers' living standards, housing the urban masses, providing universal health care, pensions and welfare, makes the 12th Five-Year-Plan one of the most radically progressive economic programmes in history. The proposal for a swift move to counter excessive inequality generated over the last ten years, constitutes an important component of any strategy to improve the quality of social and cultural life.

The World Bank Report China 2030, asserts that China is reaching a point where the emulation of existing techniques and methods will no longer produce rapid growth. This seems far-fetched. Public ownership and openness to the world provide the two key foundations for success in this sphere. The rapid assimilation of ideas and methods developed elsewhere is helped by open markets, international labor mobility, modern communications and computing. Public ownership facilitates the widespread replication and application of this knowledge and technique, in order to serve society.

In an increasingly unequal society, social discontent over unjust enrichment inevitably consumes the minds of those less well-off. Whilst few will begrudge the wealth of a hardworking entrepreneur, someone who becomes wealthy through illegal land sales, corruption or ruthless exploitation of their workers rightly evokes feelings of rage amongst the masses. Where the working classes believe they can defend their rights and participate in democratic decision-making at work, they not only become more confident and willing to take militant action, but also gladly contribute to serve collective objectives.

1   2   Next  


Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 做受视频120秒视频| 日本一区二区三区四区| 免费乱理伦片在线观看影院| 1a级毛片免费观看| 女人被躁免费视频| 中国少妇无码专区| 无码一区18禁3D| 久久成人国产精品| 校园放荡三个女同学| 亚洲欧美不卡视频| 理论秋霞在线看免费| 全彩本子里番调教仆人| 美女扒开尿口给男人桶视频免费| 国产乱码一区二区三区| 高清一级毛片免免费看| 国产欧美日韩亚洲一区二区三区| 2021果冻传媒剧情在线观看| 推油少妇久久99久久99久久| 久久婷婷成人综合色| 最近中文字幕高清2019中文字幕| 亚洲免费福利视频| 欧美成人手机视频| 亚洲欧美在线播放| 波多野结衣久久高清免费| 伊人久久无码中文字幕| 福利网站在线观看| 免费观看亚洲人成网站| 精品久久人人爽天天玩人人妻 | 两个美女脱了内裤互摸网沾| 日日碰狠狠添天天爽不卡| 久久久青草青青亚洲国产免观 | 欧美金发大战黑人video| 亚洲综合区小说区激情区| 爱做久久久久久| 亚洲黄色网站视频| 特级毛片a级毛片在线播放www| 免费h片在线观看网址最新| 狠狠躁夜夜躁人人爽天天古典| 免费人成在线观看网站品爱网 | 国产浮力第一影院| 日产精品一二三四区国产|