• views: 19
• date: 23 October 2026
• posted by: BeMyLove

"Only socialism can save China". The Chinese Communist Party (CCP) has been peddling this slogan ever since the founding of the People's Rlic of China (PRC) in 1949. The single ruling party has however seldom provided a strong argument in support of this claim, despite that it is a central plank in regime legitimation. When China decided to pursue an export-oriented industrialization strategy in early 1980s, following the footsteps of the Newly Industrialized Economies (NIEs) of East Asia, an economic miracle similar to that of the NIEs ensued, albeit on a much grander scale and with more profound impact on global order. It has, however, also tied China's fortune to that of the global capitalism. Liberal democracies in the capitalist world increasingly treat China as an alien threat to be contained. The United States, in particular, has vigorously pursued de facto decoupling from China. Nevertheless, many of the same forces are driving the changes in China as they are driving the capitalist democracies. Therefore, instead of treating the two sides as antitheses, this book analyzes the ways in which they respond to common challenges brought about by the on-going AI Revolution. It is in the similarities as well as differences in their respective responses that the forces driving toward post-capitalist transition are better understood and China's experiments with "socialism with Chinese characteristics for a new era" become relevant to its capitalist counterparts. The book argues that, despite their increasing antagonism, China and its capitalist foes are wrestling with the same problems that are shaping the future of the planet, that neither capitalism nor state socialism is adequate to handle the problems at hand, and it is in the exposé of these underlying causes that the reasons "Why only socialism can save China?" are more convincingly spelled out and made relevant to the capitalist world. Finally, the book outlines the reforms necessary for China to carry out the historical mission. This wholesome perspective on China and its relations with the capitalist world significantly diminishes the prospect of a catastrophic confrontation between the two.



   
   
   

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