The march towards
capitalism is not a simple straightforward process. There are
opposition voices within the bureaucracy, but more importantly
capitalist development has created a massive working class and this
is now being expressed in the growing level of strikes.
has broken down in China, but the state still plays a key role in
providing capital investment and in nurturing major Chinese
corporations whose role is to compete with the foreign multinationals
and guarantee that important economic interests remain in Chinese
years have passed since Deng first introduced his “market reforms”.
What started as an attempt to stimulate growth within a planned
economy has ended up by establishing capitalist relations in the
Chinese economy. How did all this happen and where is China going