The four modernizations will bring foreign capital into China, and this will inevitably give rise to private investment. Won't this lead to a miniaturized capitalism?
Deng: In the final analysis, the general principle for our economic development is still that formulated by Chairman Mao, that is, to rely mainly on our own efforts with external assistance subsidiary. No matter to what degree we open up to the outside world and admit foreign capital, its relative magnitude will be small and it can't affect our system of socialist public ownership of the means of production. Absorbing foreign capital and technology and even allowing foreigners to construct plants in China can only play a complementary role to our effort to develop the productive forces in a socialist society. Of course, this will bring some decadent capitalist influences into China. We are aware of this possibility; it's nothing to be afraid of.
Does it mean that not all in capitalism is so bad?
Deng: It depends on how you define capitalism. Any capitalism is superior to feudalism. And we cannot say that everything developed in capitalist countries is of a capitalist nature. For instance, technology, science -- even advanced production management is also a sort of science -- will be useful in any society or country. We intend to acquire advanced technology, science and management skills to serve our socialist production. And these things as such have no class character".
Deng Xiaoping entrevistado por Oriana Fallaci, 21 e 23 de Agosto de 1980.
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