Abstract
“To be rich is glorious,” a famous saying attributed to Deng Xiaoping in the mid-1980s,1 marked a radical change of attitude toward wealth and prosperity that was going to constitute a core value of the moral foundation for China’s economic reform and open-door policy. It has been embraced by millions and millions of Chinese and proved, overall, to be quite successful. I personally have been fortunate, since 1994, to observe and study the remarkable economic development in China and particularly in Shanghai, to ask for possible lessons to learn in other parts of the globe, and to reconsider my own views with regard to poverty and wealth and business responsibility.
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Notes
Actually, this saying (zhi fù guong róng) was neither directly uttered nor denied by Deng Xiaoping. A journalist asked the leader in an interview on September 2, 1986: “How would Mao Zedong see the current situation?” and proposed the answer that remained uncontested by Deng Xiaoping: “In such a way as the current leaders maintain that to be rich is glorious…” (Deng Xiaoping, Selected Works in Chinese, vol. 3, (Beijing: People’s Publishing House, 1993, p. 174)) I acknowledge my gratitude to Xiaohe Lu for this information.
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© 2012 Bartholomew C. Okonkwo
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Enderle, G. (2012). The Entrepreneurial Vocation: Is Creating Wealth a Calling?. In: Okonkwo, B.C. (eds) Finding Meaning in Business. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137295125_3
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DOI: https://doi.org/10.1057/9781137295125_3
Publisher Name: Palgrave Macmillan, New York
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