China's Capitalist Revolution - BBC (6.2009)

http://www.bbc.co.uk/programmes/b00lfcz6
ProducerRobert Coldstream Executive ProducerNick Fraser.
Aired: June 20, 2009, July 25, 2009
When Chairman Mao died in 1976, he left China in chaos and poverty. He was succeeded by Deng Xiaoping, who overturned Maoism and taught the Chinese to love capitalism, creating special investment zones for the West. But Deng's crash course in capitalism went wrong when inflation grew and workers lost jobs.
By 1989, China faced disaster. Now, 20 years after the tragic events in Tiananmen Square in Beijing, this programme reveals an interpretation of the motives of the demonstrators that may well overturn the conventional view in the West.
The demonstrators did not begin by demanding democracy. Corruption, inflation and the hardship caused by economic reforms drove students and workers to confront the government and the army. Students went on hunger strike, and troops killed more than 2,000.
Deng Xiaoping gave the order to fire, but his ideas prevailed. This film argues that Deng's capitalist revolution created today's China.

Category:

Education

Tags:

• China
• economy
• growth
• capitalism
• free
• trade

[redCode526]

long live great China!

[Ulterior1980]

made in china, nuff said

[BRICSSCO]

THE FATHER OF CHINA DENG...

[MengoMango]

So sad that Deng had to die... I'm sure he would be appalled at the lack of intellectual freedom imposed on the citizens under the current administration.

[wheresbeef]

One example showing how shameless those CCP off-springs are:

China Development Bank, one of the large state-owned banks, is looking for summer interns for its Beijing headquarter. One of the requirements for the candidates: must Harvard or MIT students:

If you know Chen Yuan is the president of the bank and his daughter Chen Xiaodan is studying in Harvard, you will understand the logic:)

[wheresbeef]

What a irony that the off-springs of Chen Yun, one of the Maoist hardliners who designed the state-owned system and tried to choke Deng's market economy reform, benefit most from Deng's reform:

Chen's son, Chen Yuan, controls one of the national banks in China and Chen's grand daughter, Chen Xiaodan, studies in Harvard.

Would those stupid communist hardliners roll in their tombs had they know China became the 2nd large economy because of departure from their stupid ideology?

[wheresbeef]

Salute to Deng!

[0jrhindo]

Is the capitalist revolution, the sign that China has failed? Does it means that its 70 years of regime lost? Let me ask you this, do you know who holds the American debts? CHINA.

I dont think China lost, only maybe it has changed, but China.. oh, they ALWAYS were on TOP. AHEAD

[GeneralKlaas]

@alfredzlee Mao was an economical illiterate. Combine that with him having complete power over the single party in power. If you want to look at the success of socialist economics you may want to study on Stalinist USSR (disregard political oppression, just look at the economics).