posted on Jun, 9 2012 @ 04:32 AM
I am pretty interested in State Capitalism. It interests me because it is so successful. The rise of China under State Capitalism has been phenomenal.
State Capitalism also interests me because it seems to be a decent happy medium that both socialists and capitalists might be open to. State
Capitalism 'market economy' offers a mixture of state-owned enterprises with an open-market economy. In many ways, a State Capitalist 'market economy'
is the best of both worlds.
Unlike capitalist western economies, China has a long term plan. China does not make regular shifts between conflicting,short term,left/right
political policy. China has one ruling party which can focus on seeing their plans through. Chinas plan seems to be along the lines of a 'Stalinist
Two Stage Revolution'
The two-stage theory (or stagism) is the Marxist political theory which argues that underdeveloped countries, such as Tsarist Russia, must first pass
through a stage of bourgeois democracy before moving to a socialist stage. The two stage theory was applied to countries worldwide which had not
passed through the capitalist stage.
The socialist market economy of modern China consists of a mixture of state-owned enterprises with an open-market economy. It is based on Deng
Xiaoping's political platform of socialism with Chinese characteristics. It is the economic system in the People's Republic of China since the Chinese
economic reform started in 1978 (see Economy of the People's Republic of China). Despite its formal title, this system has been widely cited as a form
of state capitalism.
The socialist market economy is a concept first proposed by Deng Xiaoping in order to incorporate the market into the planned economy in the People's
Republic of China, and later, to the Đổi Mới in Vietnam. Following its implementation, this economic system has supplemented the centrally
planned economy in the People's Republic of China, with high growth rates in GDP during the past decades have been attributed to it. Within this
model, privately owned enterprises have become a major component of the economic system alongside the central state-owned enterprises and collective /
township village enterprises.
This type of economic system is defended from a Stalinist perspective which states that a fully developed socialist planned economy can only come into
existence after first establishing the necessary and comprehensive commodity market economy and letting it fully develop until it exhausts its
historical stage and gradually transforms itself into a planned economy (the Stalinist Two-Stage theory of revolution).
Now if China has embarked on a 'Stalinist Two Stage Revolution' we have to ask ourselves at what stage of the revolution are they now at? Seems to me
that they are at the end of the first stage. They have established the necessary and comprehensive commodity market economy and let it fully develop
until it exhausts its historical stage havent they? If not, they must be close. So the next step in the 'Stalinist Two Stage Revolution' is to allow
China to gradually transform itself into a planned economy.
Communist leaning China holds the future of capitalism in its hands in many ways. Is Chinas next move a pivot? Will we see them pull back the market
economy and move to a more strict planned / command economy?
China is predicted to overtake the United States as the worlds largest economy in just a few short years. China has consolidated its power with the
BRICS nations alliance and the creation of the BRICS Bank. China is poised to assert itself as the new sole superpower when the next GFC hits the
capitalist west very shortly. Will the new superpower continue to move to a more open free market economy? Or will the great nation of China,with a
deep history of communism, see their 'Stalinist Two Stage Revolution' through?
As the next great superpower, will China bring about global socialism? In addition to the powerful BRICS nations, China has a very long list of
socialist leaning friends in South America and Africa. The next GFC could very will be the death of capitalism. I will [SNIP] on its grave. I am
banking on China seeing the 'Stalinist Two Stage Revolution' through. I will cheer China in all the way.
Death to capitalism!
All hail China!
Viva la Stalinist Two Stage Revolucion!
edit on 9-6-2012 by Germanicus because: (no reason given)