Mao Yushi, born in 1929, is a Chinese economist. He co-founded the Unirule Institute of Economics, which promotes private property, freedom of choice, voluntary exchange, the rule of law, and other attributes of a free market economy. On May 4, 2012, Mao Yushi was awarded the Cato Institute’s Milton Friedman Prize for Advancing Liberty for his work in classical liberalism and free-market economics. In October 2014 Beijing began a “crackdown on dissent” and banned the publication of his works. In January 2017 they shut down his Web site.
In a recent interview with Voice of America, Mao said the main obstacle to China’s transition toward a market economy is the intervention of power. To solve these problems requires a clean political clarity, freedom of speech, supervision by ordinary people, and an emphasis on an independent judiciary.
Mao believes that in today’s era, the communist ideology is becoming part of the past. The world is changing in the direction of democracy, the rule of law, constitutionalism, and human rights. “Willingly or unwillingly, this is a matter of fact.”
“I have also thought it through. I don’t want to stay in the (CCP) party any more. Many intellectuals share this thought.” Mao added that top leaders and the middle class Chinese are sending their children to the United States. This shows the power of the historic trend.
Mao projects that the time before the advent of China’s political reforms “will not be long.” The change will come true.
Source: Central News Agency, December 15, 2018