14 March 2018
XI JINPING’S proposed elevation almost as the “Emperor of China” following the latest amendments to the Constitution, allowing more than two terms for the president and vice-president, is the logical culmination of the capitalist-road chartered by Deng Xiaoping almost three-and-a-half decades back. It is now reaching its most intensified stage of imperialist degeneration. By the turn of the first decade of the 21st century itself, China had become the second largest imperialist power run by one of the most powerful dictatorships of corporate finance capital under the aegis of a bureaucratic monopoly capitalism integrated with and camouflaged under the highly centralized party apparatus.

Lenin had interpreted imperialism as outright reactionary system. The counterrevolution unleashed by Deng& Co. following Mao’s death systematically demolishing the self-reliant and self-sufficient communes has now reached a critical stage of corporate capital’s extreme concentration, the political manifestation of which is the present outcome. In the absence of even a namesake bourgeois parliament, the concentration and centralization of finance capital under “Socialism with Chinese characteristics” has intensified the inherent contradictions to that level which is irresolvable in a situation of so called ‘collective leadership’. The ascendancy of Xi as unquestioned supreme leader of imperialist China together with the incorporation of his “Thought” in to the Party Program, according to the laws of motion of capital, is not driving China to a tranquil situation, but certainly to a new era of chaos and crisis
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The Communist movement in India has a history of almost a century after the salvos of October Revolution in Russia brought Marxism-Leninism to the people of India who were engaged in the national liberation struggle against the British colonialists. It is a complex and chequered history.