The Real Movement

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Tag: capitalist development

To confront Washington, China should cut hours of labor now

From FT Economics today, China is dangerously flirting with deflation:“PBoC admits defeat in war on deflation.”

“China’s central bank this week faced reality and revised down its inflation estimate to half the level targeted by Beijing, implying it is failing — as global peers have before — to combat the threat of deflation.

That is not only bad news for a country struggling to stimulate growth, it also threatens a ripple effect around the world: cheap made-in-China goods contained price rises around the world when that was a force for good.”

China needs a plan B just about now and I think they should revisit the debate between Mao and Deng over China’s path for the most rapid development path.HKG105:CHINA-DENG:SHANDONG,CHINA,13OCT94-FILE PHOTO 03MAR59- Chinese leader     Deng Xiaoping (L), is seen confering with the late Chinese Chairman Mao Tse-tung [Mao Zedong] in Shandong province March 3, 1959. B/W ONLY

Maoists will know I am referring to the debate of the 1960 and 1970s over the path for China’s development. The two sides of the debate is pretty simple to describe. The Dengists raised the slogan: “Black cat or white cat; the cat that catches the mouse is a good cat.” Essentially, their pragmatic argument was that it did not matter which measures the state employed, so long as those measures sped the development of the productive forces. This attitude, of course, horrified the Maoists who rightly saw in it the formula for unbalanced growth, rising inequality and,  eventually, full capitalist restoration. This debate shaped China history for most of the latter part of the 20th century and played a significant role in the Great Proletarian Cultural Revolution, which shook China and the world for more than a decade. In the end, Deng and the Dengists won, in large part simply by outliving Mao.

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Noumena deFanged: Ray Brassier’s toothless critique of Nick Land

180694754Ray Brassier’s take on Nick Land is jaw-droppingly silly for someone whose Wikipedia entry touts him as “one of the foremost philosophers of contemporary Speculative realism interested in providing a robust defense of philosophical realism in the wake of the challenges posed to it by post-Kantian critical idealism, phenomenology, post-modernism, deconstruction, or, more broadly speaking, “correlationism”.”

You would think with those sorts of credentials he could understand Land’s argument at least at the level of a recent entrant to university.

But you would be disappointed.

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