workers parties, such as the Communist Party of Australia,[121] the Workers Party of Bangladesh,

workers parties, such as the Communist Party of Australia,[121] the Workers Party of Bangladesh,

reversals, a financial crisis, a credit crisis, a crisis of confidence, and their self-conviction has wavered. Western countries have begun to reflect, and openly or secretively compare themselves against Chinas politics, economy and path. —Xi Jinping, the CPC general secretary, on the inevitability of socialism.[108] The CPC views the world as organized into two opposing camps; socialist and capitalist.[109] They insist that socialism, on the basis of historical materialism, will eventually triumph over capitalism.[109] In recent years, when the party has been asked to explain the capitalist globalization occurring, the party has returned to the writings of Karl Marx.[109] Despite admitting that globalization developed through the capitalist system, the partys leaders and theorist argue that globalization is not intrinsically capitalist.[110] The reason being that if globalization was purely capitalist, it would exclude an alternative socialist form of modernity.[110] Globalization, as with the market economy, therefore does not have one specific class character (neither socialist nor capitalist) according to the party.[110] The insistence that globalization is not fixed in nature comes from Dengs insistence that China can pursue socialist modernization by incorporating elements of capitalism.[110] Because of this there is considerable optimism within the CPC that despite the current capitalist dominance of globalization, globalization can be turned into a vehicle supporting socialism.


User: Langdon Ruth

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Uploaded: 2017-07-26

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