China’s Capitalist Revolution (Part 5 of 9)

Deng had the support of the reformers he had appointed to key positions. A struggle between the hardliners and the reformers begins.  The hardliners are afraid the reforms will threaten communism.

While Deng’s supporters debate the hardliners, Deng visits the nations and leaders of the world.  In the US, while on 60 Minutes, he says, “To get rich is glorious…Wealth in a socialist society belongs to the people. That’s why our policy won’t lead to a situation where the rich get richer and the poor get poorer.”

During the Cultural Revolution, Deng Xiaoping was a victim. Mao sent the Red Guard to punish him for capitalist tendencies forcing Deng to work in a tractor factory on the production line. The Red Guard broke his son’s back, and he was permanently paralyzed. This caused Deng to realize that what Mao was doing was wrong.

Eight years into his leadership, Deng begins the next stage of his economic revolution by allowing Chinese entrepreneurs to start businesses. Red Hat capitalism was born. At first, only villagers were allowed to start enterprises. The hardliners were not happy. They wanted to end this, so the new Chinese capitalists were threatened.

Return to China’s Capitalist Revolution Part 4 or go to Part 6

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Lloyd Lofthouse is the award-winning author of The Concubine Saga. When you love a Chinese woman, you marry her family and culture too. This is the love story Sir Robert Hart did not want the world to discover.

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