Communism is a proven failed economy system and undeniably China was once a failed state with Mao’s extreme left-wing communism experimentation that starved millions of its people to death. Communism stripped people of human dignity and moral value in self determination and free will in working hard in achieving Maslow's Hierarchy of Needs.Today China is everything except communism, thanks to Deng’s open economy policy that emphasis on result rather than dogma or doctrine. China has gone a long way to becoming a market – capitalist – economy with a nominally Communist government. It has opened up to foreign investment (much more than, say, India).
Answer : Yes, Chairman Deng was visionary! He knew that the people of China are enterprising! He was confident of her people intelligence and humility! Unfortunately since Chairman Xi, or rather Emperor Xi took over, things have changed! China is now very arrongant! China now resemble China of 2 thousand years ago! Do you know China was once alminghty 2k ago! China was so advanced that it took Europeans one thousand years just to learn what China already knew! China back then was so arrogant that they thought the rest of the world will never caught up with what they know! Today, in only 20 years, China has transform so drastically, most of us forget that even back in 1997, hongkies were looking down on China, calling chinese China, backward people! Again, history of China is very clear, arrogance has always been it's downfall! Lest we forget, we tend to repeat the same mistake of the past! Hence what China is going through now!
Capitalism has the proven ability to spawn more innovation, lift more people out of poverty, and create more resources/goods than any other human economic system.
For some ppl, communism could be aspiring. It is not an immediately achievable state.......just like democracy and libertarianism, is utopian in that it constantly strives toward an ideal, in its case the non-ownership of everything and the treatment of everything – including culture, people's time, the very act of caring, and so forth – as dignified and inherently valuable.....
.....and every single life/ soul as sacred - to be protected
Given the technological, material, and social advances of the last century, we could expect an approach to communism beginning here and now to be far more open, humane, democratic, participatory and egalitarian. It is much easier now than it was then to construct a set of social relations based on fellowship and mutual aid (as distinct from capitalism)
.....can contrast with poor nations with backdoor leaders busy mushrooming low quality learning institutions ......so the ppl could not even differentiate what os right from wrong
Dear Bearvsbull Bendia For the past 2000 years, China had been the central of power and trade in Asian for the last 1800 years. The power of China reaches its peak during the Ming dynasty (1368-1644) when Admiral Cheng Ho (A Chinese Muslim) leading a gigantic fleet of ships (Their ship is ten time bigger that the Columbus ship) exploring the sea route to the outside world. (A land silk route connecting Europe through Middle East, India and central Asian had been used to reach China thousand of year ago) Their sea adventure had left their marks and influence in many countries in South East Asia, India. Middle East, Africa and now some historian even say Cheng Ho had reached the North America. Unfortunate after this unprecedented history fate, the Ming emperor feel China is the world, everything can be find in China and China do not need the outside world hence the close door policy.
This started the slow decaying of once mighty China. China reached it low during the end of Qing dynasty where western power had force opened the door of china for trade under barrel of gunship. The opium war, the looting of imperial summer garden of China treasury, the curving out of special administration enclaves to foreign power (Hong Kong to British and Macau to Portugal for 100 years) The Qing dynasty finally comes to an end in 1911 by people uprising lead by Dr Sun Yat Sen. What followed were equally tragic to China people, unable to form a unified central government China was ruled by local warlords later the Japanese invasion, the word war two, the civil war, the communist rule, the experimental agriculture reformed which starve millions of Chinese to died, the failed state enterprise which spread rampant corruption among the party cadres, the Cultural Revolution political purge where millions of intellects were send to country side for hard labour and closing of school for almost ten years. Some resemblance of sense and progress finally come to China when Deng Xiao Peng (1976-1989) comes to power and started an unprecedented economy reformed which saw a very successful experimental capitalism in Shenzhen (Formally a sleeping farmland bordering Hong Kong. Now a Mega City) by the ninety China had totally embraced capitalism, socialism were put to the back seat and communism only exist by name only.
If China was arrogant and hawkish like what you say surely China will conquer all the other countries and plunder their wealth to build bigger ships and army and conquering the rest of the world. Then today history will be different.
"If China was arrogant and hawkish like what you say surely China will conquer all the other countries and plunder their wealth to build bigger ships and army and conquering the rest of the world. Then today history will be different." ====================================================================
Perhaps, their goal is not to flex muscle but to swindle wealth. Now they have gone oinking wildly like an hungry swine in Africa.
The slick move of "providing to cull later". The appetite for money never ceases just like swine always hungry which devours on it's own poop.
Haha DickyMe, These are what banks doing now. Lend you money and if you cannot pay the mortgage they will foreclose your properties, auction your properties cheaply and you still need to pay them the balance or else you will be declared as bankrupt.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Bearvsbull Bendia
2,622 posts
Posted by Bearvsbull Bendia > 2020-05-19 18:13 | Report Abuse
Communism is a proven failed economy system and undeniably China was once a failed state with Mao’s extreme left-wing communism experimentation that starved millions of its people to death. Communism stripped people of human dignity and moral value in self determination and free will in working hard in achieving Maslow's Hierarchy of Needs.Today China is everything except communism, thanks to Deng’s open economy policy that emphasis on result rather than dogma or doctrine. China has gone a long way to becoming a market – capitalist – economy with a nominally Communist government. It has opened up to foreign investment (much more than, say, India).
Answer : Yes, Chairman Deng was visionary! He knew that the people of China are enterprising! He was confident of her people intelligence and humility! Unfortunately since Chairman Xi, or rather Emperor Xi took over, things have changed! China is now very arrongant! China now resemble China of 2 thousand years ago! Do you know China was once alminghty 2k ago! China was so advanced that it took Europeans one thousand years just to learn what China already knew! China back then was so arrogant that they thought the rest of the world will never caught up with what they know!
Today, in only 20 years, China has transform so drastically, most of us forget that even back in 1997, hongkies were looking down on China, calling chinese China, backward people!
Again, history of China is very clear, arrogance has always been it's downfall! Lest we forget, we tend to repeat the same mistake of the past! Hence what China is going through now!