Video: Video: Eric Li: China’s Meteoric Rise Impossible Without Achievements of Mao Era.

Video: Video: Eric Li: China’s🇨🇳 Meteoric Rise Impossible Without Achievements of Mao Era. 沒有毛澤東時代的成就,中國的🇨🇳就不可能飛速崛起.

On this episode of Going Underground, we speak to Chinese venture capitalist and political scientist Eric Li. He discusses why the 2008 economic crisis showed the West’s failure and China not understanding the gravity of the failure at the time, the importance of the Mao era in making China’s meteoric economic rise possible and the achievements during the period, why capitalists have no power in China, the need to tackle rising inequality in China, accusations of genocide in Xinjiang, mass censorship and negligible press freedom in China, measures of the Chinese people’s confidence in their government, superpower competition with the United States and much more!

We are very impressed with the Eric Li interview. In addition here are a few additional points made by Eric Li:

G7, West are engaged in Crusade. (I think this is a critical observation. I think Crusader mentality, rooted in Western arrogance, is a fundamental feature that innures even in the Western left in their critique of China.

Meritocracy vs. meritocratic governance. The interviewer raised issue of meritocracy promoting inequality. Li made differentiation between meritocracy and meritocratic governance. Rising through the ranks of officialdom is based on performance and outcomes that benefit the populace. This is meritocratic governance.

Rule of capital vs. rule of people. He points out that (despite electoral democracy) the interests of capital dominates in liberal democracy.

Conflation of liberal democratic form vs. actual democracy. Li asserts that China is more democratic than West. He points out that liberal democracy emphasizes procedure, while democracy in China emphasizes outcome (for the people).

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