China disproving the "Communism doesn't work" argument?

Question

During the cold war the argument against Communism was that it could not produce economic benefits. Stories of poor goods and services, long waits for desired products, etc. in the U.S.S.R. portrayed capitalism as the "smart choice". But now the fastest growing economy in the world is China. Does this mean the anti-Communists had it wrong?

Answer 1

China didn't start their massive economic expansion until the 1980s......which, amazingly, is when they took regulatory controls off of much of their economy.

Most sectors in China are essentially free-market.

Answer 2

The argument against communism was a centrally planned economy. It's impossible to plan an economy. Inevitably inefficiencies result. Huge misapplications of capital occur. The soviet Union invested in military weapons at the expense of consumer goods and services. The whole thing came crashing down. You can't eat nuclear weapons..!! China has abandoned the planned economy concept. However, political arena is closely controlled.

Answer 3

China is further proof that a communist economy doesn't work and that free markets are superior, since the country had to abandon the communist economy and quite overtly free up its markets to start enjoying all this growth. That's no secret -- even the "communist" politicians in China would tell you that, I expect.

In truth, China is more fascist than communist. It's economy (at least the important growing parts of it) is not communist at all -- ask all the frenetic entrepreneurs there who own property, start up companies, freely set prices according to market demand, and get rich. That's not exactly the Marxist ideal is it?

The economy is relatively free but the government is autocratic, non-democratic, controlling, threatening, averse to political freedom. What is that situation called? Fascism.

Answer 4

Supposition on your part. Communism is inherently evil to the soul and spirit of man.

A side effect of communism is poor economic performance. And if China played the same way that Western democracies played, things would be different. Look at how many Chinese benefitted posthumously from Mao's economic policies (Great Leap Forward). The government learned and let some cheap army labor make things for export. There is limited capitalism allowed by the ChiComs, but the Communist party still holds control over the populace with an iron fist.

But if you won't believe me, ask a Chinese person on here how that communist government is fairing for human rights and open debate. If you can find one before the Secret Police get them.

Answer 5

China is making a transgression from communism that will take decades. Comunism does not work unless all men become saints. If you cant achieve more no matter how hard you try what incentive do you have to do a good job ? The ideal would be a blend like in Germany and other European countries, if the system gets improved the way that the supportive hands of the state reach out only to those who truly need it instead to allow the lazy and unmotivated to leech off the taxpayer.

Answer 6

China supports the argument, since it has decentralized the economy (while keeping the autocratic government)

Soviet Union and North Korea stuck to government control of economy, and went belly up.

A more interesting argument is whether capitalism in economy can strive withot democracy in the government, and we shall see in the next 10-20 years if China becomes democratic.

Answer 7

As Intel has said, China is capitalist economy with communist government.

Look at FDI policies, plight of labor, incentives to entrepreneurship and private investment, export based economy; it is no more a communist economy.

May be after the Mao's communism failed, Deng Xiao Ping's reforms have brought China to how it is growing now.

Answer 8

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