Why should we have any faith that one capitalist country is more likely to bring the downfall of capitalism than any other capitalist country, given what we already know about what capitalism inevitably leads to?
The existence of a single ruling Marxist-Leninist party, which regularly exerts supremacy over capital and prevents a bourgeois class from gaining power, is a pretty good reason to think that it might be different.
There is always the possibility of the capitalist elements in the party wresting control, but their peak really was under Jiang Zemin and the Shanghai Clique. What we’ve seen from Hu Jintao and Xi Jingping is a conscious dismantling of that faction and a strengthening of the party-state.
It’s less faith, and more choosing to give a socialist project the best chance of success, especially when the alternative is American hegemony.
The existence of a single ruling Marxist-Leninist party, which regularly exerts supremacy over capital and prevents a bourgeois class from gaining power, is a pretty good reason to think that it might be different.
There is always the possibility of the capitalist elements in the party wresting control, but their peak really was under Jiang Zemin and the Shanghai Clique. What we’ve seen from Hu Jintao and Xi Jingping is a conscious dismantling of that faction and a strengthening of the party-state.
It’s less faith, and more choosing to give a socialist project the best chance of success, especially when the alternative is American hegemony.