Xi Jinping e o fim do capitalismo liberal: o socialismo schumpeteriano da China

Forget the labels “state capitalism” or “market socialism.” In this seminal lecture, Professor Leonardo Burlamacchi (Unicamp) presents a provocative and powerful conceptual framework for understanding Xi Jinping’s reforms: Schumpeterian Socialism. What does this mean? It refers to a model that combines two forces: Schumpeterian dynamics: the relentless process of creative destruction, technological innovation, and intense competition. Socialism (in Schumpeter’s sense): a state apparatus, controlled by the Party, that subordinates capital to the public interest, steering the economy toward long-term strategic objectives. This lecture dissects how Xi Jinping’s radical reforms are not chaotic, but rather a vast “managed process of creative destruction.” It is China’s response to its own internal vulnerabilities (asset bubbles, inequality) and to mounting external geopolitical pressures. In this in-depth analysis, you will understand: Xi’s “Reset”: why China required an internal shock to confront corruption, financial risk, and inequality that were undermining Party legitimacy. Controlled Implosions: how the high-profile crackdowns on the real estate sector (Evergrande) and on Big Tech (the Jack Ma case) were deliberate actions to redirect capital away from speculation and toward hard strategic technologies (AI, 5G, semiconductors). The Theoretical Triad: how China puts into practice what the West often confines to theory—drawing simultaneously on Keynes (socialization of investment), Minsky (preemptive financial stability), and Schumpeter (directed innovation). The New Model: what the “New Productive Forces” and “Common Prosperity” mean, and why they signal the end of liberal capitalism as we know it. A foundational lecture for those who want to move beyond reacting to headlines and begin to understand the model that is actively shaping the new global economic order. Bibliography BURLAMAQUI, Leonardo. China: Socialism with Schumpeterian Characteristics — Institutions, Innovation, and the Politics of Creative Destruction. Rio de Janeiro: Brazilian College of Advanced Studies, Federal University of Rio de Janeiro (CBAE/UFRJ), 2025. (Discussion Papers, no. 2). https://drive.google.com/file/d/1I3X0... BURLAMAQUI, Leonardo. Xi Jinping’s Managed Creative Destruction and the Construction of a Eurasian Order: Advancing Socialism with Schumpeterian Characteristics. Rio de Janeiro: Brazilian College of Advanced Studies, Federal University of Rio de Janeiro (CBAE/UFRJ), 2025. (Discussion Papers, no. 3). https://drive.google.com/file/d/1XdT9... BURLAMAQUI, Leonardo. Creative Destruction Meets the Entrepreneurial State — China Through Schumpeterian Lenses. Rio de Janeiro: Brazilian College of Advanced Studies, Federal University of Rio de Janeiro (CBAE/UFRJ), 2025. (Discussion Papers, no. 5). https://drive.google.com/file/d/1uuI_... #china #xijinping #socialism #geopolitics #brics Timestamps 00:00 – Opening and Introduction of the Theme 02:02 – The Conceptual Framework: “Socialism with Schumpeterian Characteristics” 06:41 – The Dual Initiative: Domestic Reforms and the New Eurasian Order 09:07 – The Theoretical Triad: Keynes (Investment), Minsky (Finance), Schumpeter (Innovation) 11:25 – Xi Jinping’s Three Fundamental Reforms (Anti-Corruption, Real Estate, Big Tech) 29:40 – Xi’s Diagnosis: Stress in the Model (Corruption, Risk, Inequality) 44:33 – Reform 1 (Controlled Implosion): The Real Estate Crackdown (Evergrande) 01:04:08 – Reform 2 (Redirection): The Big Tech Crackdown (The Jack Ma Case) 01:19:45 – The New Model: “New Productive Forces” and “Common Prosperity” 01:27:28 – Performance-Based Democracy vs. Electoral Democracy