Entitled Millennials

China's Common Prosperity Initiative and Market Socialism | Thinking Out Loud

September 13, 2021 Double D
Entitled Millennials
China's Common Prosperity Initiative and Market Socialism | Thinking Out Loud
Show Notes

"China's Common Prosperity Initiative and Market Socialism | Thinking Out Loud"
In this episode of his "Thinking Out Loud" series, Double D discusses the series of reforms being implemented by the Communist Party of China (CPC), known collectively as the "Common Prosperity Initiative (CPI)."
Double D uses articles from several sources to try and paint a coherent vision of what these reforms mean for the Chinese people, and for the CPC's vision of "socialism with Chinese characteristics."
Along the way Double D gives a brief historical interlude, examining the legacy of Deng Xiaoping's opening of the Chinese economy, as well as a quick definition of Dialectical Materialism and how it applies to what the CPC calls "Market Socialism."
Double D goes on to suggest that the CPI is a huge step in building Chinese socialism, a move which stands alongside the One Belt One Road initiative, as well as President Xi Jinping's rural worker cooperative program, as a clear alternative system to the current global neo-liberal order.

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