POLITICS & SECURITYIs the CCP Deliberately Undermining China's Economy?

POLITICS & SECURITYIs the CCP Deliberately Undermining China's Economy?

Economist Lao Man's intentional depression theory posits that the CCP is knowingly driving the economy to ruin to consolidate its control over the people.

By Jennifer Zeng

A lot of people now believe that China's economy is entering — or has entered — a depression. However, would anyone believe it if someone proposed a theory that the Chinese Communist Party (CCP) was creating this situation intentionally?

If this is the case, what will happen in China's economy, politics, and society in the future?

The History of Mankind

There are two main reasons to believe that the CCP may be intentionally driving the Chinese economy into ruin. First, we know from the history of mankind that industrial civilization is the natural enemy of totalitarian regimes. The two cannot coexist for long. 

The essence of industrial civilization is trading commodities. Trade must be based on freedom and fairness to be maintained in the long run. Therefore, no dictatorship can long maintain a free and fair market environment. A dictatorship must prioritize the interests of a small group of people. This will surely infringe upon the interests of the majority of the people, thereby destroying the market. In turn, this will destroy industrial civilization.

Consider Germany before World War II, the former Soviet Union, and Argentina under the postwar dictatorship of Juan Perón. The history of these countries shows that the totalitarian model and industrial civilization can coexist for one generation at most. After that, there will come a moment when only one of the two can survive.

Probabilistic Point of View

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2/15/2024

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