Marxism and Its Sinicized Theory as the Guidance of the Chinese Model: The “Two Economic Miracles” of the New China

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Abstract

This article first sets forward the multiple connotations, diversity, and holism of
Marxism, with the stress on a correct understanding of the meaning of Sinicized Marxism.
Based on objective facts and statistical data, it then explains the two economic miracles now
incorporated into the Constitution, namely, the great economic achievements registered
under the guidance of Mao Zedong Thought and the still greater economic achievements
under the theoretical guidance of socialism with Chinese characteristics. The article then
elaborates on the economic component of Xi Jinping Thought on Socialism with Chinese
Characteristics for a New Era, and the new ideas on productive forces and the economic
system. It concludes by pointing out that in the new era, China’s economy has attained a
“quasi-center” status, and is drawing close to the countries at the “center.” In this process,
the idea that Chinese socialism has nothing to do with Marxism is a clearly ungrounded
assertion that reflects an inadequate understanding both of Marx’s conception of history,
and of the challenges facing the Chinese people.
Original languageEnglish
JournalWorld Review of Political Economy
Publication statusPublished - 2018

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