2 [14][14]1 Enter Marxism-LeninismThe Rise from 1949 until NowChapter 6: The Big Cycle of China and Its Currency2020-10-09Journal1 Enter Marxism-Leninism2 Enter Marxism-Leninism3 Enter Marxism-Leninism4 Enter Marxism-Leninism5 Enter Marxism-Leninism2 [14]My desire to see Marxism-Leninism through Mao’s and other Chinese leaders’ eyes, and my realization that as a capitalist interested in economics I needed to understand it better, led me to study it more carefully, which altered my perspective of it.  As mentioned, before I examined it, I assumed Marxism was a dysfunctional resource allocation system in which resources were theoretically distributed “from each according to their abilities, to each according to their needs” but failed to produce much because of a lack of incentives to be inventive and efficient.  I didn’t really understand what dialectical materialism was, and I didn’t realize that Marx was a brilliant man whose thoughts were worth better understanding.  It was the process of needing to understand what Mao and those who succeeded him, especially Xi now, found appealing in this philosophy that led me to dig more into Marx’s writings. Continue reading… Index 1 Enter Marxism-Leninism 2 Enter Marxism-Leninism 3 Enter Marxism-Leninism 4 Enter Marxism-Leninism 5 Enter Marxism-Leninism Continue reading…