Is China moving back toward Marx? [feedly]

a weird post from one of the few remaining r economists.....

Is China moving back toward Marx?
http://marginalrevolution.com/marginalrevolution/2018/05/china-moving-back-toward-marx.html

And should we celebrate along with Xi Jinping?  That is the topic of my latest Bloomberg column, with plenty on the debates within socialist thought, here is the close:

Do I expect those future political reforms to take a Marxian path of the dictatorship of the proletariat? Probably not. But when it comes to China, Marx is the one theorist who has not yet been refuted. It's the Western liberals and the Maoists who both have egg on their faces.

If you think of Western liberalism as the relevant alternative, you might feel discomfort at the Chinese revival of Marx. But if you think a bit longer on Maoism, its role in Chinese history and its strong nativist roots, you too might join in the Marx celebrations.

Do read the whole thing.

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