My god, even the best chance for socialism is hopeless because of the dollar. “it’s not doomer because the party could do something different” idgaf day after day it’s more dollars and less long term hope. Nothing China does can matter because all the green energy, all the bnr, all the poverty elimination, all of it is paid for with imperial currency and little to no interest in changing this arrangement from within. The party will talk about win-win arrangements and mutually-beneficial cooperation until the fucking nukes are flying.
I don’t have a lot to add cuz I also feel kinda doomer about this (maybe not doomer but it’s pretty fuckin bleak rn lol) but I just wanna say uhhh stuff
Ofc dedollarization, like anything else, does not reflect a state of the world being dedollarized or not being dedollarized. From what I understand, dollarization has been an ongoing process that has only become so strong after the US managed to secure some kind of a monopoly on many important natural resources and economic input goods that are the result of some highly technical, advanced process and especially after the USSR self-destructed in the 90s. The USSR and its economic bloc was basically like BRICS but way better lol. The reason Cuba survived, and even thrived in a lot of areas, is cuz of this economic bloc and the USSR and friends would often extend very favorable deals for Cuba, especially for their natural resource exports (especially sugar) lol, so that they could diversify and develop their economy faster after years of being a Spanish and then a US colony had left them with the extractive economy of a typical overexploited third-world nation (
). And there are many examples like Cuba throughout the world
Ofc, even the USSR and friends had to keep dollar reserves around to buy stuff from the West that wasn’t available internally, but even if a country were totally cut off and strangled by from the US-led imperialist world economic system, they could still survive and thrive back then
My point with this is… if “we” could do it once, we can do it again
And China has a more powerful and technically advanced economy than the USSR ever had, even if it is totally, and currently irreversibly, entangled with the West’s economy the potential is there. Like if the CPC ever decides to actually acknowledge and confront the West over their increasing provocations and do something about it, and they may be forced to do this in the end (thank you, Comrade Trump lmao [just to be clear for any libs that read this, I am referring to a Chinese internet meme lol]) idk
Idk I’m sure you know all this already, but how tuned in are you to the attitude within the CPC? Obviously with Xi things have been changing, at least a little bit, within the party and I’ve heard there are lots of younger, more radical people getting involved again especially in the lower sections of the party
Thank you for this, responding to the last bit. I don’t know a ton, but I’ve read a lot of young Chinese people are disillusioned with the current state of things. Whether that makes them fervent Marxist party members who will fight the good fight or libs who blame the party for their problems, I can’t say. But that’s through western media so I could be way wrong
Idk either tbh, I have heard this mainly from friends who were a little more tuned in to happenings in China cuz they know Mandarin and can overcome the language barrier that is partly why China’s internet is so separate from the rest of the internet, I think they might know some party members too, not sure (in other words this rumor of mine is basically worthless lol)
Def something I should investigate more
The ultimate question here I guess is the question of 2-line struggle like with what happened inside the CPSU. Is the party too cooked to fix or not? Idk, I lean toward it’s not but I’m really not qualified to even say at this point, not to mention I am Amerikkkan lmao
I def wouldn’t say it’s cooked, xi is proof that progress can be made, but it depends on the ideological perspectives of the youth
True, true