Deng Xiaoping reiterated this view in an interview with “60 Minutes” in 1986, in which he said that the capitalism he was adopting and communism were not incompatible. “According to Marxism,” he said, “communist society is based on material abundance… Only when there is material abundance can the principle of a communist society—‘from each according to his ability, to each according to his needs’—be applied. Socialism is the first stage of communism…”
