Would it be invitation to oversimplification if I asked if people on this list who hold a particular assessment or opinion of China, to put theirs forth in brief if possible? The only large developing nation to make a quantum leap into successful mass industrialization, under the auspices of a nominally communist government, but I don't really know what the scope of opinion is on what their government is doing from the left. Degraded workers state? Worst of both worlds, stanlinst neoliberalism? Hope-inspiring developmentalist rising power?
<br><br>What do informed lbo people feel about contemporary china?<br><br><br><div><blockquote class="gmail_quote" style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;"><br><br>China and Vietnam borrowed and refined the developmental state strategies
<br>invented by post-WW II continental Europe, Japan, Taiwan and South Korea.<br>These countries invested heavily in education and technology, created<br>welfare states or ensured egalitarian distributions of wealth, and most of
<br>all, disciplined capital. The state wasn't the executive committee of the<br>bourgeoisie; the bourgeoisie was more like the executive committee of the<br>state. China right now is rolling out a huge national broadband system,
<br>and owns major stakes in most of its leading industries. Another example:<br>one third of the German banking system is publicly owned; Germany's<br>powerful unions put a check on what capital can do. Germany's
<br>government-mandated renewable energy boom is another fine example of what<br>developmental states can do.<br><br></blockquote></div><br>