How China Buries Liberalism
AUSTIN, TEXAS – February 15, 2019
At the economic forum in Davos in January 2019, with the theme “Globalization 4.0: the formation of a global architecture in the era of the fourth industrial revolution,” financier and philanthropist George Soros stiffly turned against China and Xi Jinping personally.
With his idea of an “open society” as a democratic standard for the development of mankind, he aimed to replace closed traditional societies, calling China the most dangerous opponent of liberalism. Since "the instruments of control developed by artificial intelligence, give the inalienable advantage of totalitarian regimes over an open society."
Soros was referring to China’s plans to implement a social credit system (officially referred to as Social Credit Score or SCS) by 2020 that “will subordinate the fate of a individual to the interests of a one-party state in unprecedented ways.” In 2018, the system was already working in test mode in 30 cities of the PRC, working with people’s "digital traces."
The SCS seems relatively simple. Every citizen in China, which now has numbers swelling to well over 1.3 billion, would be given a score that, as a matter of public record, is available for all to see. This citizen score comes from monitoring an individual’s social behavior — from their spending habits and how regularly they pay bills, to their social interactions — and it will be the basis of that person’s trustworthiness, which would also be publicly ranked. A citizen’s score affects their eligibility for a number of services, including the kinds of jobs or mortgages they can get, and it also impacts what schools their children qualify for.
The Chinese authorities believe that this will allow them to rebuild society and avoid stagnation and crises in a self-learning automatic mode, thereby making Chinese society a “Common Good” much more effective than the Western liberal concept of "human rights."
In SCS money, ownership of assets and belonging to an elite clan lose the role of social status, which excludes the consolidation and inheritance of privileges. Moreover, the personal belonging to the elite can be reviewed by artificial intelligence even during the life of the person. As a result, society is transformed into an ethical system with the absolute priority of collectivism.
The system of privileges, individualism and the inheritance of elites is crowded out by a computer assessment of the "personal validity" of the individual and the utility of the team, obtained through complex AI calculations, which cannot be interfered with, neither by order nor by bribe.
The liberals finally realized this concept, which was voiced in Davos. The main thing, in the words of Soros, is the Western elite’s mortal fear of impending doom. That is why he scares the world with Chinese “digital totalitarianism,” while in fact Western society enslaved no less and has long been under total online supervision.
The difference between the these models of control is significant: The West is steadily moving into the digital slavery of the “Kingdom of Antichrist” with the construction of a society of transhumanism, while China acquires the evolutionary status of the “Kingdom of Astrea” with the creation of a “community of a single destiny of mankind.”
In modern terminology, this transition is from the idea of the “common cause” of the “Manifesto of the Communist Party” of Marx and Engels to the idea of the “common good” of the “socialism with Chinese characteristics of the new era” of Xi Jinping.
As for the economy, this is a complete exhaustion of the investment potential of the American stage of capital accumulation. According to Deutsche Bank, in 2018, 90% of the 70 asset classes showed a negative return in USD.
This means that the investment process has almost stopped, the offshore shelters are being closed (new rules will be introduced on June 30), and market liberalism has de facto gone bankrupt.
The way out of this industrial society crisis is shown by China’s SCS “social rating” system, which is, in fact, what wa known as “goodwill” in the pre-industrial society--a set of inalienable non-material advantages, acting as a resource capable of generating extraordinary returns on invested capital.
“Goodwill” is not a current asset, because it cannot be subject to ownership (not to be confused with categories of licenses, patents, and trademarks of accounting). Therefore, connections, creativity, work and reputation can be shares in the “common cause for the common good.” But capital can be accumulated not at the expense of material goods and the profits of the “debt economy,” which rests on the "limits of growth," but at the expense of intangible “goodwill,” the formula for the correct calculation of which is known to the Kabbalists.
Today, the world economy lives in conditions of the overproduction of goods and services: About 40% of production capacity in all sectors is excessive. And the physical demand for goods in poor countries cannot be harnessed, because consumers are poor.
The classic way out of the crisis of overproduction in an industrial society is war.
It began in 2013 as the Third World War of the new hybrid type, which will demolish the regime of liberalism in the key countries of the West.
Today, groups and clans of influence have nowhere to retreat — war is everywhere! And “the struggle of clans” is a cover story with the aim of blocking active opposition to the “holding back” of the old world order and the guidance groups of influence in the world on false targets.
The old model of the economy called capitalism is no longer working today and will be swept away. On its fragments there will be a new model and this model will have a Chinese face.