GH,
Do you believe that China will be able to continue to balance Capitalism and Communism. They are walking a very fine line, should one or the other fail, there will be consequences. While many economists amazed at the growth of the private sector in China tout the victory of
Capitalism , there are many who feel that the balance will not be maintained for long. The link below is to a Communist group arguably with the Marxist Ideology chip on its shoulder. (Cut and paste link to ICC to avoid PS.Com from showing please
http://en.internationalism.org/wr/278_china.htm)
There are valid points which can be verfied with a little research. (See
Unemployment poverty inflation ) According to Hawsbawn in his
The Age of Extremes "Mao was fundamentally convinced of the importance of struggle, conflict and high tension as something that was not only essential to life but prevented the relapse into the weaknesses of the old Chinese society, whose very insistence on unchanging permanence and harmony had been its weakness." This principle is highly evident in China today.
A trip to
Human Rights In China yields a factual glimpse into many problems facing the growth of industry in that nation today. Globalizition is bringing into sharp relief the many problems the Chinese government faces in the wake of their astounding growth.
In my mind it is unlikely that Capitalism and Communism will continue to co exist in China. The unrest that follows may lead to conflict. In the event of strains in China I see LRDs fear of the elephant making deals with the mice to be a real concern.