The future for the New China - the writing on the wall

In the Jet Min as final form there will be no private enterprise or private sector, there will be no state-owned enterprises or banks, everything will belong to the people. This can only be done with de-centralisation, with co-operatives, mutual societies, credit unions and other small-scale institutions that are run by local people for local people.

Workers and white-collar unions will still have a role to intermediate between the floor and the management in decision making. Profits will be re-invested in the enterprises and not siphoned off elsewhere. In that way new opportunities will open up and employment will be continuously created.

In a total reverse of privatisation, foreign-owned companies will have to be nationalised and then immediately taken over by the people in the region they are situated or where they operate. They must NOT remain State-run enterprises. Likewise with private companies. Full compensation given. All control remaining within China, and within the locality. Only surplus goods exported, and then first within China to needy provinces.

All the different regions to fund their own education, health care, elderly care, and housing needs from resources generated locally. The unemployed to receive housing, foodstuffs, medical care and schooling for children or retraining. The wage differentials curbed to reasonable limits. All of this is on the horizon for a Communist country that manages to establish this elusive social-political-cultural form, and the colour or name of the cat hardly matters.