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China

China ascribes to its own form of communism, Maoism (as opposed to the Soviet Marxist model). It also has many characterists that distinguish it from the former Union of Soviet Socialist Republics, and make any sort of economic comparison difficult, to say the least. As much as the socialist economic model remained similar between the Soviet Union and the People's Republic of China, there were key economic and political differences that make any analysis of relationships between Chinese communism and Soviet communism difficult.

A socialist economy has many failings, and both China and the Soviet Union emphasized these. There was no incentive to work hard, or even to work at all. Indeed, there was a saying in Russia (loosely translated) "We pretend to work, and they'll pretend to pay us." An economy planned by economists would not have succeeded, but if you consider that a communist economy is planned by politicians with ulterior motives and hidden agendas, the problem amplifies. At a time when being a member of The Party was the only route to success in Russia, those same people were called stukach by their fellow Russians, informers. Indeed, a communist society is often forced to rule by terror. In Russia the Red Army


In 1991, prices began to rise, on December 25th, the USSR was no more, and by 1993, hyperinflation had set in. The attempts by the Russian government to oppress the Black-Marketeers (or entrepreneurs, as they are called in the west) during the transition was a key element in their downfall, again this illustrates that while there was a willingness to move to capitalism, the Soviets didn't do it intelligently.

China's gradual movement towards a Free Market system is no more effective than the USSRs sudden swing was. While it reports spectacular rises in GNP, the Third World Network said this "The Chinese example is a massive application of the old paradox of GNP which is now that two women doing their household work are not "economically active"; if they do the same work at each other's house and pay each other 100 dollars a month, the balance for them is zero. But now they have a per capita income of $1,200 a year and the national GNP has increased by $2,400." The Chinese economic growth is only in the areas of the economy moving towards Free Market, and then again, only because they are getting billions of dollars pumped into them by foreign markets. Democratic Russia did not have that benefit. A shift towards the Free Market is deceptive. Take the example of Hong Kong, since the Chinese re-acquisition of that city, not much has changed, except it is now under the jurisdiction of the CCP (Chinese Communist Party).

The only difference between a China in todays world and the China of Mao Zedong in the 1960s is that they have made mini Free Market regions, and separated them from the rest of China. To compare, it would be similar to Russia making Moscow, Leningrad and the Ukraine free-market, but keeping the rest of the USSR Socialist. There is no actual change in China's economic stance, it's just providing an elaborate front to attempt to gain a more powerful economy, but as long as the central regions stay socialist, there will be no improvement, China will just

Some common words found in the essay are:
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Approximate Word count = 1342
Approximate Pages = 5 (250 words per page double spaced)


  

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