Monday, August 25, 2008

Real News Video: The Chinese Communist Party

Minqi Li : It's not about ideology, it's about the material interests of the elite


"With dramatic changes taking place in China since the mid eighties, Chinese political economist Minqi Li states that "after Deng Xiaoping, there has been a consensus among China's ruling elites, among the party leadership, that China should move ahead in terms of capitalist development, move ahead in terms of neoliberal globalization, as well as not to challenge American hegemony. He goes on to state that within the Chinese Communist Party, "it's no longer just about ideology; it's also about real material interests. I'm talking about the real material interests for the ruling elites themselves.""

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