This is certainly a claim, let's see how it stands up against the historical record (as from wiki): 1961: Last famine in the PRC 1966: Start of the Cultural Revolution 1976: Mao dies
I'm having a bit of trouble reconciling these, but if you've got some arguments explaining why the Cultural Revolution was after the end of "Serious Communist China" I'd be interested.
https://en.wikipedia.org/wiki/Household_responsibility_syste...
The 'USSR' starved in the 90s after the fall of communism.
> Serious Communist China ended with everyone starving
Oh this nonsense. Serious Communist China had to deal with nuclear threats from both the US and the USSR. Serious communist china tok a back water colonized nation to a nuclear power within a single generation.
> there is literally no known method to determine the correct price without mass signalling through a free market.
You have it backwards. 'Free markets' led to 'starvation'. That's why we, in the US, have farm subsidies. A form of 'price control' along with many other measures. There is no nation ( especially a major ) on earth that has a 'free market'. There was also never a time when we had 'free trade' either. I'll let you figure that one out by yourself.
Every industry, from housing to oil, has price controls on them. It's all a matter of the degree and levers used.
The same idiots who praise government subsidies to build up our own chip industry are whining about 'price controls'.
One of the reasons groups like the USSR or Serious Communist China ended with everyone starving is that there is literally no known method to determine the correct price without mass signalling through a free market. Ditto what direction "should" be taken - the only known method is 10s of companies (ideally with funding weighted by what clever investors think is likely to work) where 9s of them fail and a selection succeed.
China isn't getting where they are because the party is helping. If anything it is the opposite, the party must have some capitalist incubators where they are holding themselves back from interfering all that much, otherwise the whole thing will collapse at some point because some bureaucrat refuses to believe prices were set too low until the shortages starve millions to death.