China’s Mafia Capitalism – The Marxist Challenge

The Chinese Communist Party runs a system of Mafia Capitalism under the guise of Marxism. In doing this the CCP has defeated the proletariat.

Here’s a challenge for Marxist purists.

It can be assessed that the ‘success’ of the Chinese Communist Party is in fact a victory for capitalism. 

Photo by Rob on Unsplash

This proposition is surely counter-intuitive. But so too, much of what Australian Marxists say is counter-intuitive. They say that there has only ever been one successful proletarian revolution—namely, the Russian revolution of 1917. Further, they say that China under the Chinese Communist Party is capitalist. These were two consistent themes at the three day Marxism Conference 2023 during Easter.

Consider this proposition using a Marxist perspective: Marx was correct in saying that capitalism will inevitably lead to the concentration of economic and political power. But Marx was wrong in proposing that capitalism would be overthrown by the proletariat, the working class, the exception being Russia in 1917. But even that proletarian revolution could not be sustained. Instead, history demonstrates that where an alleged proletariat conducts a successful revolution and sustains it, the outcome is not the victory of the proletariat but rather an intensely concentrated form of capitalism.

China, under the CCP is the living proof of this, let’s call it ‘Mafia Capitalism’.