New left voices!

via pekingduck
New left voices!
Here is my comments about the new left movement:

Don't forget the economic basis of new lefter. In other words, you have to produce a strong middle class with a massive purchasing power instead of a class of tycoon with its only desire being investment and maximizing its own the profits!
Without proper distribution of the wealth, domestic demand will never catch up with the fast growing supply. China may well copy the western 1929's crisis in the near future. Then the next time, we won't be here talking about new left, but new communists. (Speaking of tycoons, funny and sad enough, currently Chinese economic policy only produces overseas tycoon instead domestic tycoon, new taxation policy will rectify that a little bit hopefully)

I admit that right now the massive supply power of China is largely absorbed by the international demands; however other nations won't let China continue so without limits. All kind of tricks already came out.... stronger RMB is one heck of them. Export oriented policy can only be a temp remedy for a country as big as China.