A top economist has joined the growing list of China’s elite to have disappeared from public life after criticizing Xi Jinping, according to The Wall Street Journal. 

Zhu Hengpeng served as deputy director of the Institute of Economics at the Chinese Academy of Social Sciences (CASS) for around a decade.

CASS is a state research think tank that reports directly to China’s cabinet. Chen Daoyin, a former associate professor at Shanghai University of Political Science and Law, described it as a “body to formulate party ideology to support the leadership.”

According to the Journal, the 55-year-old disappeared shortly after remarking on China’s sluggish economy and criticizing Xi’s leadership in a private group on WeChat.

  • volodya_ilich@lemm.ee
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    3 hours ago

    when I pointed out that people had to wait for years to get a car, and bread lines were common

    Breadlines weren’t common. Breadlines never took place in the USSR between WW2 ending and Perestroika taking place, you’re being ahistorical. Food supply wasn’t secure for all the population in any nation until the green revolution, the USSR being no exception to that.

    Regarding waiting for a car, the soviet economy simply didn’t prioritize car manufacturing. The planning didn’t intend for every citizen to have a car in the 70s or 80s, they didn’t intend to make so many cars, so naturally, the people who had the wealth to buy a car, had to wait in waiting lists to get one, it’s not so hard to understand. There are no waiting lists in capitalism because you can segregate 99% of the population from consuming a particular good simply by making it expensive. In socialism, when you don’t have extreme inequality, most people will have access to purchase power for the vast majority of goods you produce. This in turn means that either you manufacture literally from the start one product for every citizen, or there will be waiting lists, it’s really as simple as that.

    When you can’t afford a house in capitalism until you’re 35 (if you can ever afford it) you aren’t technically in a waiting list, so even if there’s only new housing for 5% of the population every year, there will be no “waiting list” because simply the prices will go up until only 5% can afford it. In socialism, the same 5% of housing can be afforded by 50% of people, so the way to allocate the goods is a waiting list instead of priority through wealth accumulation.

    Do you really fail to understand this?

      • escapesamsara@lemmings.world
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        2 hours ago

        Transport and a personal vehicle are two different things, go to any country outside the US, car ownership is reserved for the upper classes globally.

      • volodya_ilich@lemm.ee
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        2 hours ago

        And access to transport was widely available to the overwhelming majority of the population through trains, trams, buses and trolleybuses. Even if your American mind can’t comprehend this fact, owning a car isn’t the ultimate form of mobility, there are alternatives that are arguably better. City design was centered around walkability, density and public transit; metro systems were luxurious and a predicament all out of themselves, and housing being generally obtained through the worker’s union implied that workers usually lived in relative proximity to their workplaces.

        The soviet economy was a developing, centrally planned economy, not running under the premise of overproduction and surplus but running under the premise of 5-year plans of production. There was full employment, and almost complete usage of the raw materials extracted and industrial goods produced. Making twice as many cars, implied removing all of that labor and those resources from another sector of the economy. When the premise isn’t to “make money selling cars to rich people”, but to “grant adequate material conditions and welfare to every citizen”, you have to make decisions like that. More cars could have implied, for example, fewer hospital beds or fewer trams, but my point is that making more private cars would have NECESSARILY meant making less of something else of which there’s also no surplus (because the premise of the USSR was the non-existence of surplus). It’s very easy to have surpluses in a capitalist economy when you don’t care about 80% of the population not having access to the goods and services available, when you want everyone to have access it’s a different story.

          • volodya_ilich@lemm.ee
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            10 minutes ago

            It turned a backwater pre-capitalist empire where 80% of the population were poor farmers, into the second world power in unprecedentedly quick industrialization and development, defeated the Nazis and prevented their extermination of the Slavic people including Poles and Ukrainians, it guaranteed rights to women and to national minorities like Kazakh, Uzbeki, Georgians, Armenians, it established for the first time in history concepts like socialized healthcare and pensions for every citizen which western Europe later emulated… After being dismantled, of which it’s been 33 years, Russia still hasn’t recovered the GDP per capita of the USSR, so what does that tell you about how well liberalism is working in Russia?

            • TachyonTele@lemm.ee
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              5 minutes ago

              So they’re still around right, because of how well it succeeded? It didn’t completely fail and send the country into famine and despair did it?

              … oh