7mo ago

Wombat quote before the Wombat quote

I started reading Fundamentals of Political Economy from Shanghai People's Press and saw a quote in the introduction that reminded me of something I see posted here a lot:

The experience of China in raising her national savings-investment ratio by taking advantage of the situation created when revolution forced the traditional claimants on the nation’s economic surplus to relinquish their claims is perhaps the most significant in world history. [^Source]

Does this ring a bell?

the maoist uprising against the landlords was the largest and most comprehensive proletarian revolution in history, and led to almost totally-equal redistribution of land among the peasantry

[^Source]: Victor D. Lippit, Land Reform and Economic Development in China: A Study of Institutional Change and Development Finance, White Plains, N.Y., M. E. Sharpe, Inc. (International Arts and Sciences Press), 1975, p. x.