CAPITALIST FLAVOUR
Mao's Programs
Programs Results
First Five Year Plan 1953 -1957 • Industry grew 15% per year
Quotas set for industrial output •Agricultural output was
Farmers encouraged to work neglected and grew very slowly
collectively
Great Leap Forward 1958 – 1962 •China suffered economic
‘Neglected modern technology in disaster with mass decline in
favor of small scale industries industry and huge food
with “home made” equipment shortages
Creation of communes
COMMUNISM WITH A
CAPITALIST FLAVOUR
Mao's Programs
Programs Results
Cultural Revolution 1966- • Thousands of intellectuals
1976 verbally attacked and
Designed to appeal to physically abused
Chinese Youth and a turning •The people start to lose
point away from the Soviet faith in the Communist Party
Model. •Industrial production drops
Idea of making education, by 12%
health care and cultural
system less elitist
It was also a period of mass
persecution as the students
formed themselves into
COMMUNISM WITH A
CAPITALIST FLAVOUR
1979-
1989
1997
The British
colony of Hong
Kong is
returned to
China.
And Taiwan
worries: «Will
we be next?»...
COMMUNISM WITH A
CAPITALIST FLAVOUR
1997
The 15th Party Congress reveals its plan to sell most state-
owned industries. In a word: privatization!
Tens of millions of workers are to be laid off with no social
protection.
Is this socialism - or capitalism?
COMMUNISM WITH A
CAPITALIST FLAVOUR
1999