Understanding China – Subroto Roy

Dr Subroto Roy, an Indian economist, wrote the following opinion piece about China for The Statesman back in October:

The most important factors explaining China’s progress since the deaths of Mao Zedong and Zhou Enlai have been the spread and quick absorption of modern Western technology under conditions of relative peace and tranquillity. The “capitalist road” came to be taken after all and the once-denounced Liu Shaoqui was posthumously rehabilitated by his shrewd old friend Deng Xiaoping.

To be sure, the new technology itself has combined with democratic hatred felt by young Chinese against the corrupt elitist police-state gerontocracy, and this produced first a Wei Jingsheng and Wall and later the Tiananmen Square protests. There have been also in recent years many thousands of incidents of peasants resisting State-sponsored brutality, fighting to prevent their lands being stolen in the name of purported capitalist industrialisation, in an economy where, as in India, land is an appreciating asset and the paper-currency remains weak because inflation by money-printing is the basis of public finance. China’s multitudinous domestic tensions continue to boil over as if in a cauldron, and it seems inevitable Chinese Gorbachevs and Yeltsins will one day emerge from within the Communist Party to try to begin the long political march towards multiparty and a free society ~ though of course they may fail too, and China will remain condemned to being a dictatorship of one sort or other for centuries more. [Full text]

Dr. Roy has welcomed CDT readers’ comments on the piece, which can be posted on his own website.

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