How did Mao's use of money compare to Jiang's use?

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2026-08-16 04:55

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Mao rejected the concept of money and sought to eliminate it from society by promoting egalitarianism and communal living. Jiang, on the other hand, supported a more capitalist approach that embraced the use of money as a medium of exchange and encouraged economic growth through market mechanisms. Mao's policies led to the implementation of barter systems and rationing, while Jiang's policies focused on promoting entrepreneurship and market-based incentives.

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