Why Did China Become Capitalist?
People ask, “Why did China become capitalist? Was the failure of communism the reason China switched to capitalism? No. Far from it. China was the most communist, egalitarian country on earth when Mao died. Let’s pause there and see whether communism succeeded or failed: Communist China, from 1950–1978, was under the most severe American peacetime embargo […]
Why Did China Become Capitalist? Read More »