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No, it's because that's what the previous generation of Chinese leaders did. Post-Mao, party elites have largely chosen wealth over power at critical junctures,
by toyg 4y ago
No, it's because that's what the previous generation of Chinese leaders did. Post-Mao, party elites have largely chosen wealth over power at critical junctures, maintaining an overall equilibrium. Xi Jinping broke that setup: there is no elite anymore, only himself; and he's made a point that wealth cannot be used as a shield from his power.
- bobthepanda 4y agoIt’s interesting because the other contender for general secretary at the time, Bo Xilai, was even more outwardly Maoist. So I suppose something was bound to happen to that equilibrium.