Den Xiao Ping has revolutionised the idea of being a Communist at heart and a
Capitalist by Profession.The Communist party of China still ruling the
country, has
emerged to be one of the leading Economic powers in the world. Ping had realised
that it is not possible to become a super power by just being very
strong at defense,
you also need to liberalise your Industries. This is one of the
reasons why “Made in
China” today has become a stamp of quality for several products like electronic
goods, light, vehcles ,toys, cycles etc. Thus, the message is clear
and loud for other
Communist countries in the world, “if you want to survive in this dog
eat dog world,
liberalise your industries of Nationalistic shackles”.

1. By nationalising industries capitalism sees its death knell.
2. It means better and equal opportunities for employment for all
unlike a private
firm.
3. he goods produce could be of much less price as it does not look
only for profit
(i.e., since there is no profit motive).
4. The problem of capital for expansion of industry is absent in the case of
nationalished companies as Government has the control of money.
5. It will help boost our economy very much