thegreatdivide wrote on Apr 5^th, 2024 at 2:30pm:



You mean setting aside the 'administrative errors' of killing millions of people for their own good and instead giving individuals a go in a free market to pursue their own individual interests??

Tsk, tsk, shurely shome m-m-mishtake 

freediver wrote on Apr 5^th, 2024 at 2:56pm:


Dear delusional FD; you were trying to get me to think like you. The more you try, the more I will expose your delusions.

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So far, so good - that's what I said...let's read on with bated breathe....

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No, I pointed out that c. 2015 (when Obama was in power), US politicians  realized the US couldn't compete in the global free market with a China which had become "the world's factory", and would be rapidly overtaken by China in economic power terms. 

Xi hadn't counted on the massive trade barriers and denial of technology transfer which Trump would initiate, on trumped-up 'security' concerns.  In 2017 the world's leading 5G company, Huawei, was banned by the paranoid US and its allies.

Meanwhile at home, Xi is trying to fix market failures (like Evergrand) NOW (not in 2017).   

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Addressed above.  Xi is dealing - at the same time - with the West's paranoid "decoupling" from the Chinese economy, AND the negative effect on the Chinese economy in the 2020's of market failures in private education, private housing, and stock IPOs (Xi cancelled  the ANT IPO, set to be the largest in history).

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Don't you feel silly, now that I have explained the reality of the current external geopolitical factors, as well the internal free market failures  affecting the Chinese economy? 

thegreatdivide wrote on Apr 6^th, 2024 at 9:37am:


So once again, nothing that goes wrong in China is the CCP's fault, while the leader still lives. And after the leader dies, it is still not the CCP's fault, because "the leader is not the CCP"....

Frank wrote on Apr 6^th, 2024 at 9:48am:


Correct; and free markets fail as well as succeed, which is why we are currently seeing housing disasters in Oz and China, after the US housing disaster in 2008 which caused the GFC.

Just as Leninst-Maoism had their own disasters....

Note:"The markets are good servants but bad masters, and a worse religion". Amory Lovins. 

freediver wrote on Apr 6^th, 2024 at 10:02am:


Your crippled brain in operation; that's not what I said.   

In fact, mainstream economists are prolonging the slowdown in China, as it struggles with paranoid Western "decoupling".

freediver wrote on Apr 6^th, 2024 at 11:59am:


google

"Market failure refers to inefficient allocation of resources in the free market that occurs when individuals acting in rational self-interest generate less-than-optimal economic outcomes."

Like housing as investment vehicles in free markets resulting in high prices and homelessness; and high energy prices when companies in free markets export Oz gas overseas, seeking higher prices, and bigger profits for gas producers.

freediver wrote on Apr 6^th, 2024 at 12:04pm:


How is what I said different to how I behave?

I pointed to internal and external factors for China's slowdown, and I am 'behaving' in such as way as to point this reality out to you (via these posts) 

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The subject is the current slow-down in China.

Indeed Deng acknowledged  that the CCP will only survive if the people become prosperous, hence his pragmatic policy change to 'opening up' via introduction of free markets, taking into account the economic circumstances.

Did Mao have to die before the policy change could  happen? Possibly.

"In September 1976, after Chairman Mao Zedong's death, the People's Republic of China was left with no central authority figure, either symbolically or administratively. The Gang of Four was purged, but new Chairman Hua Guofeng insisted on continuing Maoist policies."

...until Deng out-manouvered Guofeng, and was elected president by the CCP:

"Deng Xiaoping (22 August 1904 – 19 February 1997) was a Chinese revolutionary and statesman who served as the paramount leader of the People's Republic of China (PRC) from December 1978 to November 1989.

Just like the Abbott-Turnbull-Morrison episode, the public had no direct say in the deopsition of the first two.   

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Not what I said - oh dear, your crippled brain...

Internal free market failures, and external geopolitical factors are to blame for the post-2015 slowdown.   

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No, because - like your delusional "inalienable rights"- your postulated "pattern" doesn't exist, as I explained above. 

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You mean... like US hegemony, under which as many people have died in wars since WW2 as died in that war itself?