Word: capitalist
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...accomplish the journey, Teng and his backers have embarked on what sometimes looks suspiciously like a capitalist road. The new doctrinal slogan might be formulated thus: "Let one hundred business deals blossom, let one hundred foreign investors contend." Although very few Chinese have acquired much individual freedom as part of the new enterprise, they are discarding, without ceremony, much of their old ideological baggage. Gone is the once sacred Maoist principle of national self-reliance and independence from outside resources. Chinese managers have heretically embraced such impure capitalist devices as meritocratic promotions and other special treatment for their best...
...over the New Long March, however, is doubt that the primitive Chinese economy can rouse itself to meet the price. One freewheeling guess is that the Four Modernizations could cost $800 billion by 1985 The Chinese consumer market may be a long time in developing. Despite all the current capitalist visions of the new market opening up on the mainland, it may be years before the Chinese can afford to pay for all they want. Among other things, Chinese oil reserves, on which Peking heavily counts to earn cash, are afflicted by a number of serious technical problems including...
...leaders held different views. Nikita Khrushchev ignored him when they met, despite Mao Tse-tung's accurate advice that the "little man" had "a great future ahead of him." Mao's wife, Chiang Ch'ing, despised him, and twice her radical supporters vilified him as China's most evil "capitalist reader." At one Politburo meeting in 1975, Mao asked all those in opposition to one of his proposals to stand up. When Teng did so, the Great Helmsman looked at him coldly and reportedly said, "Since I see nobody standing up, my proposal is unanimously adopted...
...treated him as a "dead ancestor." In the aftermath of Mao's disastrous Great Leap Forward, Teng tried to reintroduce a measure of private farming to give peasants the initiative to produce more food. In a statement that would later be cited as proof that he was an "unrepentant capitalist reader," Teng declared: "Private farming is all right as long as it raises production, just as it doesn't matter whether a cat is black or white as long as it catches mice." Mao was not informed of the farming plan, and testily inquired, "Which emperor decided this...
...Angola is Neto's open bid for more Western investment. The few Western companies operating in Angola, Neto said, "are doing their work well, have good relations with us, and pay their taxes promptly. We have no reason to complain." Conspicuous by its absence was any reference to capitalist exploitation, neocolonialism and bourgeois imperialism, common catchwords in the socialist Third World?and until recently in Agostinho Neto's troubled capital...