China: everyone can feel the profound anxiety of the ruling class
In the past two months, the regime of the Chinese Communist Party (CCP) has taken drastic measures that have shocked society and have triggered widespread speculation. The state has disciplined a number of large private corporations while instituting wide-ranging regulations on the entertainment industry. The motivation behind these measures was eerily summed up by an obscure blog post that was promoted by all major state media outlets, proclaiming that “everyone can feel that a profound transformation is underway!” But is the CCP state actually leading a social transformation? Or are these measures aimed at defending the foundations of capitalism in China?