The Capitalist Life Of Chinese Communist

 
 
During the reign on Mao Zedomg, Capitalist were considered the enemy of the Chinese state. The government often persecuted Capitalist and sometimes even took over their businesses. However during the 1990's Deng Xiaping was suddenly bitten by the capitalist bug and declared "to get rich is glorious". Then in 2002, a constitutional amendment allowed private enterprise into the party system. We are all aware of the astounding growth of the Chinese economy over that past decade. The Chinese State Capitalist model whereby the government subsidizes and controls most industries has produced a powerful economy indeed but has also produced many millionaires and billionaires who are members of the Communist Party. According to the Hurun report, a Chinese research firm, 160 out of the 1024 richest people in China were seated on the Communist Party Congress, which is a legislative body and the Chinese People's Political Consultative Conference (CPPCC).  China's legislature, the National People's Congress which boast 3,000 seats features 75 members who appear on the Hurun rich list report-making it the richest legislative body in the world. Those 75 members have an average net worth of $1 billion. By comparison, the combined wealth of all 535 members of the US congress was between $1.8 billion and $5.6 billion according to the most recent data from the Center For Responsive Politics.
 
The theory of Communism is to produce a classless society through government control of production and distribution. Karl Marx's famous line "From each according to his ability, to each according to his needs" is the Marxist view of abundance that a Communist society would provide. Although the Chinese are commonly referred to as Communist, their economy is very much a hybrid- a closed totalitarian regime and a capitalist/socialist economy. So the economic system that was supposed to eliminate class and inequality has made its few members even richer than the evil American Capitalist pigs? Wait until Occupy Wall St. hears this.

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