Some bank executives and business heads have to take around a third of working time to study Xi Thought, joining activities and courses, or reading four books from Xi every month, according to people familiar with the matter. Attendance is mandatory this year and they also need to submit papers on what they’ve learned.
Lol amazing
Now if China can get them to read Marxism
Xi Jinping Thought like Mao Zedong Thought is just an extension of Marxism-Leninism.
Yes, I understand that. But I mean like getting them to read all that, with Marxism itself
Frankly i don’t believe that teaching capitalists Marxism does anything but give them ideas on how to better exploit the working class. Many capitalists understand Marxism quite well actually, they are more aware of the class struggle than most workers are and they are consciously and constantly fighting to improve their position over workers. They understand concepts such as the usefulness of having a reserve army of (unemployed) labor in driving down wages by creating competition among workers, maximizing extraction of surplus value, atomizing workers to prevent them from exercising collective power, etc.
So while i appreciate what China is trying to do, i think it is pointless and misguided to try and teach CEOs and other corporate higher ups Marxism. At best it is a minor nuisance for them to have a small amount of their time wasted each day. It would be much more effective to teach the workers instead. China could pass a law mandating that workers must attend at least one ideological education class a week, during work hours and paid for by the employer.
This makes a whole lot more sense.
Damn, could I get to take classes on Xi thought while on company time? Sounds great.
the chinese goverment will literally give you a third of the week off to just read theory
@ghost_of_faso2 @DamarcusArt A clever thing to do - upgrades the literacy and intellectual prowess of the populations to do so. Most people in the West are semi-literate at best with political and social theory.
also diversifies the workforce and makes sure the public never stop learning; if you imagine how most people just stopped challenging there perception here as soon as they get a degree and have to go get a mcjob, if they even get out of high school!
with this you have a block of your time, your in work time, not your free time dedicated and paid for by the state just to keep learning political and social theory, and why not? both of those things are like cooking, you use them every single day to enrich your life.
from a pargmatic perspective too, you wouldnt let someone drive a car without a exam, so why expect them to fully participate in a democracy without an expectation that you will teach them how it works?
Its not as a inverse relationship as say, you cant vote without passing this exam; more just they can see its beneficial for everyone to understand how it works and the theory behind it so they can be better participants.
Curious how these classes look like. Are they just the standard school/academia slog or is it more interesting than that
They’re probably pretty dull tbh, but I’d rather get to educate myself and get paid for it rather than slog away doing nothing useful.
That seems entirely pointless.
Is it wise to be teaching capitalist bastards diamat? They already have a better class consciousness and class solidarity than the proletariat
Capitalists may already know about diamat theoretically, but their class nature forces them to internalise and practice an incomplete version. From the capitalist class perspective, diamat is only useful to counter and prevent revolutions and to preserve their own power, but at the point when the revolution succeeds and their counterrevolutions fail, their understanding of their own role in society must necessarily break down. The question “And then what?” to them seems as ill-posed as to a clock the question of what came “before” the beginning of time. This is why such a perspective is severely lacking in terms of philosophy, history, and economics; it fails to answer basic questions about revolution, socialism, and communism which any worker can easily explain after even a cursory reading of Lenin, it stifles the creativity and imagination of the practitioner by presupposing capitalism as final, and it breaks under the practical weight of a historical mission that is impossible to achieve.
It is a philosophical impossibility to see diamat and histomat through to their logical conclusion without adopting the proletarian perspective, and I suppose this is what these books, lectures, and essays hope to achieve in the end. They are there to make bankers, board members, and consultants understand the unsustainability of the capitalist perspective, to teach them what their work will entail in a socialist society, and to mentally prepare them for a life of normalcy where they remain prosperous but must forego political domination.
Interesting perspective. Do you think it might help reduce the “after us - deluge” type mentality that these capitalists have?
I hope that at the very least it will serve as psychological warfare, a daily confrontation with a perspective that is irreconcilable with their economic role and goes further than theirs is bound to make them lose at least a few nights of sleep, especially when they dwell and live among the achievements of proletarian Marxist theory
I imagine it’s more of a humiliation measure than anything.
Using ML theory for humiliation? Doesn’t sound like a great idea either. It’s like using math as punishment
Honestly having worked with some big consulting firms, I wouldn’t be surprised if China’s just done with their shit.
What the fuck do these dildos even do? What’s the result of their “consulations”?
They’re basically staffed with a bunch of college MBA’s with no real business experience, whose job is to advise confused CEOs on how to best cut wages and costs to increase profits.
Oof, immediately paywalled
EDIT: Okay, after reading the archive link, this is just funny. Amerika loves to play funny with other nations’ money; but let China start doing it, and [“rules-based” order (lmfao)]“ouuuuuuuuuu, ouuuuuuuuuuuuuuuuuuuuuuu, nooooooooooo, you can’t do that you dirty sl-- iiiimeballs, you can’t do that–” [/“rules-based” order]
here’s an archived version https://archive.ph/2O4Jg
I think the ones taking these lectures are execs and other variety of leeches at Chinese banks or other other Chinese institutions or organisations. The original source at Bloomberg says:
At a Beijing-based state-owned energy company some employees said they were increasingly being dragged into impromptu training during working hours. Such sessions, often centered around Xi’s latest remarks, were held at an isolated facility with mobile phones confiscated sometimes, making it hard for coworkers to reach out to them in case of a work-related emergency, according to these employees, who asked not to be identified as the matter is private.
Some bank executives and business heads have to take around a third of working time to study Xi Thought, joining activities and courses, or reading four books from Xi every month, according to people familiar with the matter. Attendance is mandatory this year and they also need to submit papers on what they’ve learned.
At the same time, bankers have seen steep cuts in salaries and the rollback of many perks, such as business travel, all to comport with a key tenet of Xi Thought: “common prosperity.”
The fact that they’re cutting their salaries and perks makes it even better!
Yeah but it’s not BlackRock execs it is happening to. The party probably knows they are beyond any hope of redemption.
Yeah, the FT article seems to be misleading in that regard.
