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2024 m. rugpjūčio 1 d., ketvirtadienis

China's Leader Xi Is a Fervent Marxist

 

"No Chinese Communist Party general secretary since Mao has pledged allegiance to Marxist doctrine with such ardor. For Mr. Xi, China's "rejuvenation," the legitimizing leitmotif of his rule, has been inseparable from rekindling devotion to Marx's teachings. Less than two months into his tenure as general secretary, Mr. Xi enjoined the party's Central Committee to "keep up with the living soul of Marxism." Communism, he said, is the party's "highest ideal and its ultimate goal." Mr. Xi has since called Marx the "greatest thinker in human history" and declared that his teachings retain their "vigor and vitality" and remain the party's "guiding theory."

To celebrate Marx's 200th birthday in 2018, Mr. Xi gave an address titled "Marx's Theory Still Shines With Truth." The Marxist theory of history of which Mr. Xi spoke, known as historical materialism, postulates the inexorable development of society's "forces of production." The changed "economic base" scraps the old "superstructure" -- politics, culture, values -- and replaces it with a new system befitting economic progress. The overthrow of capitalism and the onset of communism are inevitable consequences of this process.

Some comrades, Mr. Xi said at the start of his rule, may regard communism as "beyond reach," even "illusory," but that's due to their "infirm" appreciation of historical materialism. He asserted that reality has repeatedly proved Marx and Friedrich Engels's analysis of the basic contradictions of capitalist society is true. That "capitalism is bound to die out and socialism is bound to triumph," he said, is "the irreversible general trend of social and historical development."

Historical materialism is key to what Mr. Xi has extolled as Marxism's "practical character," with which the party "arms itself." The Marxist theory of history, he has emphasized, quoting Lenin, who was quoting Engels, "is not a rigid dogma" but rather a "guide to action."

China did take action. "Hide your strength and bide your time," Deng Xiaoping, another devoted Marxist and the father of post-Mao economic reform, decreed in the 1980s. China's gross domestic product was then less than $350 billion. By the time Mr. Xi assumed power in late 2012, China's GDP had grown more than 24-fold, to $8.53 trillion. By last year, that figure had in turn more than doubled, to $18 trillion.

Having unleashed the "forces of production," Mr. Xi proclaimed in his 2018 address on Marx's birthday, the party had achieved in a brief window a degree of economic success that it took the West centuries to reach. Apparently, the time had come to adjust Deng-designed "superstructure." In growing "prosperous," Mr. Xi said, China was "becoming strong" -- strong enough, he explained separately, to be "willing and able to contribute more to mankind."

Here, too, Marx pointed the way. Philosophers "only interpret" the world, but "the point is to change it," Marx famously wrote. It follows that Mr. Xi has emphasized Marx's "unremitting fight to overturn the old world and establish a new one." The new world order, Mr. Xi has vowed, "cannot be just dominated by capitalism and the West, and the time will come for a change." It's telling that Fidel Castro once hailed Mr. Xi as "one of the strongest and most capable revolutionary leaders" he had ever met.

The prospect of revolutionary change is all the more alluring because of what Mr. Xi has described as "once in a century" and "profound" changes sweeping the world. Explaining Mr. Xi's address before the 2017 Party Congress, the People's Daily, the Central Committee's official newspaper, argued that Western dominance of international relations has become "hard to sustain," as have the "Western values" intrinsic to international relations." [1]


1. Marxism and the Xi-Putin Link. Aron, Leon.  Wall Street Journal, Eastern edition; New York, N.Y.. 01 Aug 2024: A.15.

2024 m. liepos 31 d., trečiadienis

Kai kas nors nupjauna vištos galvą (Vokietiją), paukštis (Europa) vis dar plaka sparnais ir kurį laiką skraido aplinkui: euro zonos ekonomika šiek tiek auga, nepaisant Vokietijos silpnumo


 

 Kas sunaikino Vokietijos pramonę? Vokietijos lyderis Scholzas šoka jo Zeitenwende šokį ir prisijungia prie sankcijų prieš nebrangią Rusijos energiją. Tai siaubinga Ende jo idiotiškajai Zeitenwende.

 

 „Euro zonos augimas antrąjį ketvirtį išlaikė jo tempą, gūžtelėdamas pečiais netikėtai sulėtėjus galingiausioje valstybėje narėje Vokietijoje, tačiau baiminamasi dėl sulėtėjimo.

 

 Nepaisant to, vis dar lėtas augimas padidina tikimybę, kad ateinančiais mėnesiais politikos formuotojai imsis ekonomikos skatinimo.

 

 Balandžio–birželio mėn. bendrasis vidaus produktas padidėjo 0,3 proc. – tiek pat, kaip ir pirmąjį metų ketvirtį, kai valiutų sąjunga atsiskyrė nuo pernai kentėtos stagnacijos.

 

 Daugumos 20 narių sąjungos didesnių ekonomikų augimas buvo geresnis, nei tikėtasi, įskaitant Prancūziją ir su dideliu 0,8% šuoliu Ispaniją. Iberijos karalystėje kyla turistų eurų banga, o pajamos per pirmuosius penkis metų mėnesius šoktelėjo daugiau, nei 20 % dėl didėjančios tarptautinės paklausos atostogauti į šalies paplūdimius ir miestus.

 

 Priešingai, svarbiausia euro zonos ekonomika Vokietija, palyginti su praėjusiu ketvirčiu, šiek tiek susitraukė, o tai sujaukė ekonomistų nuosaikios plėtros prognozes. Viltys, kad 2024 m. pradžioje atsigaus pramonė, išblėso, nes paklausa išlieka silpna ir geopolitinės problemos daro spaudimą pagrindiniam gamybos sektoriui.

 

 Nors palūkanų normų kilimo ciklas ir energijos kainų šuoliai jau atsiliko, vis dar nėra ženklų, kad Vokietijos ekonomika atsigauna, sakė Vokietijos Commerzbank vyriausiasis ekonomistas Joergas Kraemeris.

 

 Infliacija dabar mažėja, o Europos centrinis bankas, kuris padidino palūkanų normas iki aukščiausio lygio per daugiau, nei 20 metų, praėjusį mėnesį pirmą kartą nuo 2019 m. sumažino bazinę palūkanų normą.

 

 Sumažinus skolinimosi išlaidas, greičiausiai, padidėtų vidaus paklausa ir verslo investicijos. Tačiau euro zona taip pat yra pažeidžiama platesnių pasaulinių srovių. Nedidelė Kinijos vartotojų paklausa europietiškoms prekėms mažina įmonių pelną ir riboja gamybą." [1]


1. World News: Eurozone Economy Grows Slightly Amid German Weakness. Kirby, Joshua.  Wall Street Journal, Eastern edition; New York, N.Y.. 31 July 2024: A.8.

When Somebody Cuts off a Chicken's Head (Germany), the Bird (Europe) Is Still Flapping the Wings and Flying Around For Some Time: Eurozone Economy Grows Slightly Amid German Weakness

 

Who destroyed the German industry? The leader of Germany, Mr Scholz, doing his Zeitenwende dance and joining sanctions against inexpensive Russian energy. This is a horrible Ende for his idiotic Zeitenwende.


"Eurozone growth maintained its pace in the second quarter, shrugging off unexpected contraction in powerhouse member Germany, but fears of a slowdown persist.

Nevertheless, still sluggish growth adds to the likelihood that policymakers will move to boost the economy in the months ahead.

Gross domestic product increased by 0.3% between April and June, the same rate as in the year's first quarter when the currency union emerged from the stagnation it suffered throughout last year.

Most of the 20-member union's larger economies booked better growth than expected, including France and, with a major 0.8% leap, Spain. The Iberian kingdom is riding a wave of tourist euros, with income skyrocketing by more than 20% in the first five months of the year on the back of soaring international demand for vacations to the country's beaches and cities.

In stark contrast, the eurozone's most important economy, Germany, shrank slightly from the previous quarter, confounding economists' forecasts for moderate expansion. Hopes for an industrial-led rebound at the start of 2024 have faded as demand remains weak and geopolitical issues pressure the key manufacturing sector.

Though the cycle of interest-rate increases and energy-price spikes is behind us, there is still no sign that the German economy is recovering, said Joerg Kraemer, chief economist at Germany's Commerzbank.

Inflation is now trending lower, and the European Central Bank, which had lifted interest rates to their highest level in more than 20 years, last month moved to lower its key rate for the first time since 2019.

A reduction in borrowing costs would likely boost domestic demand and business investment. But the eurozone is also vulnerable to wider global currents. Limp demand among Chinese consumers for European goods is hitting corporate profits and limiting production." [1]

1. World News: Eurozone Economy Grows Slightly Amid German Weakness. Kirby, Joshua.  Wall Street Journal, Eastern edition; New York, N.Y.. 31 July 2024: A.8.