Since 1976, communism has gone in a downward spiral. However, this is only temporary. As Mao said, the road has twists and turns, but the future is bright!
Since 1976, communism has gone in a downward spiral. However, this is only temporary. As Mao said, the road has twists and turns, but the future is bright!
Deng made a lot of compromises with western capitalists that only really look good in hindsight. In the moment, it looked and felt like a capitulation. And there's still a lot of questions as to whether Deng took the best path or simply the most expedient.
Marx would tell you that a period of capital accumulation had to happen. And modern Marxists might even tell you that the USSR failed because it didn't efficiently accumulate capital in the wake of the revolution. But the Chinese have made their own missteps. There's plenty to criticize, even if it does look like they're coming out ahead in the end.