Hey comrades, can someone please enlighten me on the holes that I have on my knowledge of China. I know that China currently has a restricted bourgeoisie class to be able to get enough capital to modernize the entire country. And that makes me wonder, if China has plans to eventually get rid of their bourgeoisie once it achieves it target goal. Does it have ever set a date or a specific plan on this?
Singapore can’t possibly be a good example because it’s a city, basically. It’s not comparable to what china has done and I’m talking about what China has done since Mao proclaimed the PRC in 1949, not just since Deng’s reforms in 1979 onward. What Mao and the CPC did achieved great progress even before the reforms that allowed foreign capital to come pouring in (always under the direction of the CPC and for the benefit of all the people). Those reforms weren’t an abandonment of the socialist principals that preceded them, just a change in tactics to conform to the situation China found itself in within the global economy, allowing foreign investment to turbocharge what was already underway. Just look at China compared to India for an example of a country of similar size and demographic realities choosing capitalist development vs socialist development.