I think we're getting off the point. China are considered to be Commnist by just about everyone apart from yourself, yet despite this the West's governments spend more into the economy that China's. I'd say the public sector have had a fair crack of the whip and it's been a disaster.
If you think I'm the only person who thinks China is not and never has been Communist then you're incredibly poorly informed, in fact with exception of Albania (perhaps) no country on earth has ever actually claimed to be Communist, they may have claimed to be on the road to Communism, or used some variant of the term Communist or Socialist to describe or in most cases disguise what they were attempting to create but this is not the same thing as saying "China is Communist".
Mao himself admitted that the political theories outlined by Marx and other European Socialists were not applicable to China because China's society did not fit the conditions European Socialists described which would allow the development of Socialism. As a result Mao rewrote Marxist theory and invented Maoism, promulgated in his Little Red Book.
Modern historians frequently point out that historical regimes which described themselves as Socialist, such as the USSR and it's satellites, were in fact nothing to do with Marxism when viewed objectively and that close examination proves them to have been little more than nationalist one party state dictatorships in which there are no signs of the kind of social revolution described by Marx.
In reality comparisons between states which have self identified as Socialist and those which have been labeled Fascist reveal virtually no differences, the differences have only ever been ones of Propaganda and posturing. No self identified Socialist state has ever come close to instituting the kind of social revolution described by Marx and other Socialist theorists, with the minor exception of Anarchist held parts of Spain during the Spanish Civil War.
It's worth remembering that Marx himself made it clear that many if not most states he was familiar with did not contain the kind of advanced industrial development necessary to allow a worker's revolution to take place as he described it. Russia he was at pains to make clear was one of those under developed states.
Yes, it abuses it's workforce because it's a communist regime. All communists statess do this.
Currently every state in the world does this regardless of its political alignment. China is merely more adept at it than most.
It was the government that bought all this crap and stuck it on the public's balance sheet. If the capitalist solution had been adopted then the banks would have been allowed to fail, house prices would have crashed and we could have gotten over the worst of this by now. Instead they're trying to string it out over a decade or two and using my money to fund it.
No in fact markets demanded to be recapitalised and the private sector blackmailed the world with threats of total economic meltdown in order to wring vast amounts of money from taxpayers to cover the debts private sector companies had amassed through their addiction to socially irresponsible gambling and malpractice. So called capitalists all over the world are paying themselves enormous salaries and bonuses as we speak with Taxpayer's money, effectively making themselves publicly employed, if not actual public servants.
You're of course correct that if the dictates of pure capitalism had been instituted none of this would be the case, but what you describe as being "over the worst" is in fact a euphemism for a total economic breakdown far greater in magnitude than the one we're now in which would have plunged billions into a far more acute and extreme financial crisis than is already the case.
The fact that the public sector was solvent in many countries and as substantial as it was made it possible for governments to redirect capital from government expenditure into the pockets of debt ridden private sector companies who had squandered their wealth making ever more absurdly greedy wagers on increasingly unreal investments.
Make no mistake it is public sector workers who by taking huge pay cuts and redundancies are paying for Bankers and other Capitalists to continue to have their grotesquely over paid jobs. If you think that Capitalists who see dollar signs instead of population figures are at all interested in doing anything but exploit the bonanza of cheap investments created by the market revaluations they brought about then you are deluded. And if you think they want you to benefit from this exploitation then you are mad.
The party of big government (labour) have tried their best to make the public sector work by reaching for the chequebook anytime something went wrong, yet all they've accomplished is the creation of one of the most generously paid but unproductive workforces in the world.
In fact the Tory party have traditionally increased government spending and enlarged the scope of government despite their claims to the contrary. But if you're so well read on the matter you probably already know that right?
They were like a weak parent that gave in anytime their kid demanded a sweetie, and now the coalition have to instill a bit of displine into a stroppy, overpaid public sector used to getting their own way all the time. They may not be directly responsible for the banking crash but they've certainly added to the nation's financial woes. Brown was racking up budget deficits way before the 3rd quarter of 2007.
Gordon Brown did that exactly because he was enthralled by lies and blatant fantasies sold to him by private sector propagandists who pretended that markets are capable of producing never ending streams of ever increasing profits which by their very nature (it was pretended) would have some kind of socially beneficial effect. The Banking collapse exposes this as untrue. In fact so limited was the scope for profit maximisation within what is supposed to be Capitalism's most profitable sector that Banks had to invent essentially fictitious investments to gamble with in order to continue to pretend that they had discovered the font of never ending wealth.
If you think this kind of malpractice and incompetence and blatant con-artistry is any kind of replacement for the incompetence of politicians like Tony Blair and Gordon Brown then you live as imaginary a world as they did.
