Timestamps:0:00 - Introduction4:55 - Deng Xiaoping Theory9:46 - Socialism with Chinese Characteristics14:54 - Why China Isn't Socialist - A Critique of Deng ...
Trav argues that Deng bastardized socialism, and that post-Mao leadership took class struggle out of Marxism.
“Better to be poor under socialism and communism than to be rich under capitalism.” It may sound reasonable to reject the goal of becoming rich under capitalism. But how can we advocate being poor under socialism and communism? It was that kind of thinking that brought China to a standstill. That situation forced us to re-examine the question.
Our first conclusion was that we had to uphold socialism and that to do that we had, above all, to eliminate poverty and backwardness, greatly expand the productive forces and demonstrate the superiority of socialism over capitalism.
https://www.marxists.org/reference/archive/deng-xiaoping/1987/133.htm