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China's Neoliberal Communism

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Mar 19, 2024
Explore the concept of 'neoliberal communism' in China with a blend of communism and corporate practices. Dive into the paradox of maintaining appearances with superficial jobs and issues of pollution and mistreatment. Learn how neoliberalism impacts regulation, favoring big businesses, and the dichotomy between neoliberalism and communism in a global context.
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INSIGHT

China's Neoliberal Communism Defined

  • China's system is a unique hybrid: a communist state using neoliberal corporate methods.
  • This creates a controlled, crony-capitalist economy operating like a Potemkin market.
ANECDOTE

Pretend Work at Construction Site

  • At a construction site in China, workers only pretended to work when the foreman appeared.
  • One worker hit the ground with a hammer just to look busy, and the foreman approved it.
ANECDOTE

Symbolic Jobs in China

  • Chinese street sweepers rode bicycles with brooms tied on, but their work was mostly for show.
  • This created the appearance of employment without meaningful productivity.
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