No Place for Real Marxists in Communist China
The Chinese Communist Party (CCP) was founded on the ideological foundation of Marxism in 1921 and led the country to a revolution-fueled bloody civil war, in which the communists emerged victorious in 1949. As the sole party ruling China, the CCP adopted Marxism Leninism along with Mao Zedong’s Thought as its – and thus the country’s — guiding ideological principles. However, though the CCP continues to rhetorically champion the cause of the less fortunate, the party has turned into a club of billionaires and millionaires since 2002, when Party boss Jiang Zemin welcomed the super rich to become members. This was major shift for the CCP and its identity as the vanguard of the working class. At present there are more than 100 billionairesin the upper echelons of Chinese leadership as members and/or advisors to CCP leadership. Their wealth keeps flourishing under President Xi Jinping.