Or is it that the impact of the pandemic on the economy is not very significant?
This factor accounts for only a small part; more of it is due to the economic crisis of Zhongxiu. No matter how Zhongxiu locks down, it is not nationwide. Moreover, locking people up only affects some businesses on a small scale. The working people, for the most part, still have to go to work normally despite the numerous obstacles imposed by Zhongxiu. Agriculture and industry have not been directly hit by the pandemic. Large-scale business closures are still because Zhongxiu wants to profit from the pandemic by reselling medical supplies, secretly taxing the working people, increasing exploitation, feeding these medical monopoly companies and Zhongxiu’s state-owned enterprises, swallowing many small and medium capitalists, while the working people become poorer and the petty bourgeoisie go bankrupt on a large scale due to Zhongxiu’s plunder. They cannot afford anything, let alone indulge in luxury, which worsens the economic crisis. This is what leads to the large-scale closure of various enterprises.
It seems that the main reason is that during the pandemic, the disposable income of the working people has decreased, and they simply don’t have money to go out and spend. Zhongxiu (the Chinese Communist Party) describes the pandemic as a natural disaster, but in reality, it is a crisis of the socialist economy, orchestrated by a small number of monopolist capitalists who have turned the national economy into an epidemic situation, making huge profits from nucleic acid testing, medical care, vaccines, and so on. Meanwhile, the working people are becoming increasingly impoverished, confined at home and forced to buy “heroic vegetables”; various nucleic acid tests and vaccines seem free but are actually the most expensive. Because “the wool comes from the sheep,” all the government fiscal budgets derived from exploiting the people ultimately end up in the pockets of pharmaceutical capitalists like Zhong Nanshan and Li Lanjuan. After the pandemic, many petty bourgeoisie and even small and medium-sized capitalists went bankrupt. Zhongxiu also claims that these Keynesian measures are the “superiority of socialism” in “concentrating efforts to accomplish major tasks,” which is shameless and brazen.
The cyclical economic crises are inherently a phenomenon brought about by the contradictions of capitalism, and crises often begin during the boom phases of the capitalist economic cycle. Rather than saying that this pandemic caused the crisis, it is more accurate to say that the pandemic masked and exacerbated the crisis. Moreover, the reform government adopted very strong policies of state monopoly capitalism during the economic crisis, allowing the monopolist bourgeoisie to gain more benefits, especially a large number of pharmaceutical bourgeoisie. Not everyone suffers in an economic crisis; workers certainly suffer the most, and many small bourgeoisie and lower-middle bourgeoisie may go bankrupt, but the monopolist bourgeoisie, relying on the reactionary government policies, may actually benefit.
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