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- Understanding Xugcheng: Economic Miracles and Challenges Under Authoritarian Regime | Insights from Interview 20241221
Understanding Xugcheng: Economic Miracles and Challenges Under Authoritarian Regime | Insights from Interview 20241221
Delve into the intriguing dynamics of economic development under an authoritarian regime in this interview with Xugcheng. Explore the Chinese Communist Party's complex relationship with the free economy and the impact of Deng Xiaoping's reform policies. Gain valuable insights into the challenges and successes of China's economic transformation.
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Video Transcript
The communist system is irreversible.
Why is the free economy created under this communist regime?
Because the communist ideology rejects the free market.
Why can free enterprises develop?
Why do you think?
It's not because the Chinese Communist Party is smarter than the Soviet Communist Party
or kinder than it.
When did the reform start?
Did it become Deng Xiaoping's credit?
Deng Xiaoping is the chief designer.
It's not like that.
When you mess up the economy,
when it's a mess,
is the Communist Party still sincere?
Deng Xiaoping said that China's reform and opening up is Lianning's new economic policy.
As capitalism develops, as the free economy develops,
people have the concept of free property rights.
When people have the awareness of maintaining their rights,
people will organize.
It will definitely challenge us.
When we are strong, we will deal with it in turn.
The system built by the Chinese Communist Party is never an equal system.
Since the earliest regime established by the Communist Party,
it has not been an equal system.
Yan'an is not equal.
The People's Republic of China is not equal.
the basic belief is not equality, but property class dictatorship.
The one who supports property class dictatorship is the comprehensive state-owned system.
Today, China still uses the comprehensive state-owned system to control a part of the private economy.
It is reflected in 100% of land state-owned system,
almost 100% of bank state-owned system,
and almost 100% of the comprehensive state-owned system of economic peak.
and the state-owned economy.
All these things combined
are enough to control
the private economy that has already been created in China.
Because the Communist Party has never respected human rights,
it can completely control all entrepreneurs
The very tragic situation
that the Chinese economy is facing today
is directly due to the lack of judicial independence.
Is this due to the lack of judicial independence
or due to Xi's own way of governing?
The Communist regime of the first century is the basic feature.
Can you predict what kind of development China will have in the next 10 or 15 years?
And how should we look at this development?
Hello, Mr. Xu.
Hello, Mr. Peng.
I read that you won the Sun Yat-sen's economic scholarship in a paper in 2012.
I got the award earlier, in 2012, and in 2016.
