Saturday, August 15, 2026

However , China is still Socialist led by the Communist Party , so the anti-Communist tone of this Youtube item below is very misleading. Deng was a Marxist . Marx and Engels taught that Socialism had to develop out of capitalism and China had almost no capitalism at the time of the 1949 Revolution. They tried a Road to Socialism bypassing capitalism, but it failed , so they got the capitalists to bring capitalism with its powerful forces of production to them that they centrally controlled as the basis of Socialism with Chinese Characteristics led by the Communist Party. <



Also , the Mao led revolution from the old Chinese system was a necessary precursor to the later success <


How Poor China Became the World's Factory in 40 Years | Deng Xiaoping's Miracle<<



br>https://youtu.be/m62d3oywBaA?si=lCG07r0LQBLhTjTX <


— how Chinese peasants became industrial workers; — why the Communist government allowed market forces to develop; - how China attracted foreign investment and technology; —

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