Qiushi Theory carried an article originally from Beijing Daily that laid out the drawbacks of the capitalist system while listing the positive features of the Chinese style socialist system. It concluded that the socialist system has a stronger vitality and demonstrates significant advantages to the world.”

The article suggested that the capitalist’s over-protect their capitalist interests, private and personal interests result in an over emphasis on the free market, the multi-party system of administration, and personal values. It attributed the economic crisis around the world to “the greed of capital and its lack of control.” It also faulted the capital system because the protection of personal interests results in a lack of ability to bring about a common agreement. “When it comes to making key social, political and economic decisions, capitalism lacks centralized power.” Lastly, according to the article, the capitalist system lacks a long term strategy and consistent growth.

As to the advantages of the Chinese style socialist system, the article noted first that “the common goal is to get rich together.” The various social classes are the consistent driving force for the nation’s development power. Second, the system carries “incomparable advantages in social mobilization and resource collection because Chinese style capitalism adheres to democratic centralism.” Third, the system is reliable and stable with long term goals. Fourth, the system is based on the clear understanding of each developmental stage and is constantly undergoing social reform.

Source: Qiushi Theory September 16, 2011
http://www.qstheory.cn/zxdk/2011/201118/201109/t20110914_110033.htm

An article in Qiushi Theory published on September 17, 2011, discussed a seminar that the Organization Department of the Chinese Communist Party Central Committee and the National Party Construction Research Center held prior to July 1, 2011, to memorialize the Party’s 90th anniversary. The seminar included a review of Xi Jinping and Li Yuanchao’s latest speeches. It also covered the following four major topics: the Party’s major achievements and lessons learned over the past 90 years; Party development in the new environment; ways to improve the Party’s scientific development; and experiences and lessons learned from the ruling parties of overseas countries.

The seminar addressed a lesson learned from the collapse of the Communist Party of the Soviet Union and the Eastern European countries: that economic and political reforms should be adjusted according to a nation’s internal affairs and cannot blindly follow in another country’s footsteps. The seminar also emphasized that lessons can be learned from the recent political crises in the mid-East and north African countries, and concluded, “We should be on guard against the propaganda from the Western enemy forces when dealing with ‘Color Revolutions’ and must firmly resist different forms of interference.” 

Source: Qiushi Theory, September 17, 2011
http://www.qstheory.cn/zywz/201109/t20110917_110705.htm