No, I have written many times that Deng’s reform was critical, especially the first 30 years. I take issue with the neoliberal turn after joining the WTO in 2001, and while the leadership has so far done a decent job of preventing a broader economic crisis, it is very obvious that we are already past the limits of Deng’s reform and there is an urgent need to transition away from the neoliberal policies that rely on an export-led growth model.

It is already evident that the slowing growth over the years, the end of the infrastructure investment-led era, the slump in domestic consumption and the difficulty in transitioning away from the export industries all point toward a need to move away from the neoliberal model. This tracks with the fact that neoliberalism is also reaching its terminal phase globally.

What I don’t understand is why do people cling on to Deng’s reform as though it can go on forever? If Mao’s planned economy only worked for 20 years, and a reform and opening up era had to follow, then the natural course when such a phase has reached its limit would be to transition into a new socialist-oriented phase.

A lot of this comes from poor understanding of Chinese history and how its economy actually works. I’m trying to educate people here but get accused of being an ultra and a Trot lol. An ultra would denounce Deng’s contributions completely, and Trots would hate both Mao and Deng. I don’t even think many here understand the differences between them.

China is being too capitalist and neoliberal, exploiting the global south, and too socially conservative.

Since when have I said that China exploits the Global South???

Also I never said China is too capitalist. In fact, I said that China is socialism with Chinese characteristics, and this form of market socialism relies on building socialism through neoliberal principles. Very important distinction here.