Deng Xiaoping Quotes
A basic contradiction between socialism and the market economy does not exist.
Most classic socialists would not agree, but Deng’s approach created the most economically successful socialist economy in history.
Deng Xiaoping, 1904-1993, Chinese Premier, Quoted in Daily report: People's Republic of China, Editions 240-249, 1993
Sourced by: Eigen's Political and Historical Quotations
Li was one of the leaders urging force to repress the demonstration. He was particularly offended by the Chinese students carrying the large “Statue of Liberty,” believing that this was an overt attempt to destabilize China. This was not known till the publication of the so-called “Tiananmen Square Papers” in 2001. The Chinese government claimed that these were forgeries.
Ardent socialists make the same complaint—that critics often compare realistic socialist societies with capitalist utopias, and they conclude when reality is considered, socialism is the better system.
This rigid view left no room for regulation which is what almost every modern industrial democracy has chosen. To some of his extremist followers, any government regulation of business or the economy whatsoever, regardless of how little, means that the nation has embraced socialism. It is in this sense that many extreme right wingers viewed Presidents like Franklin Delano Roosevelt, Harry Truman, John Kennedy, Bill Clinton, and Barack Obama as socialists while they saw themselves as opponents of socialism.
3rd Earl Russell of Kingston. He favored and argued for a middle ground of a capitalistic socialism or a socialized capitalism, which is what most democracies became.
Deng Xiaoping was a Chinese revolutionary and statesman who served as the paramount leader of the People's Republic of China (PRC) from December 1978 to November 1989. After Mao Zedong's death in 1976, Deng gradually rose to supreme power and led China through a series of far-reaching market-economy reforms, earning him the reputation as the "Architect of Modern China".
