ll would wind up as losers in the aftermath of another Cultural Revolution (Overholt, 1993, p. 97). In formulating a new economic system, Deng was anxious to avoid the stultifying bureaucracy of the Soviet Union. His goal was to speed up growth to wealth and power engineered through a trained bureaucracy. The pattern has been simple: liberalize first, privatize later, and then only gradually (Overholt, 1993, p. 74).
Modern China & Western Capitalism. (1969, December 31). In LotsofEssays.com. Retrieved 12:59, May 18, 2024, from https://www.lotsofessays.com/viewpaper/1704041.html
Lots of Essays. "Modern China & Western Capitalism." LotsofEssays.com. LotsofEssays.com, (December 31, 1969). Web. 18 May. 2024.
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