After World War I, the capitalist system enjoyed a short period of relative stability. Since World War II there has been no such relative stability. … - Peng Zhen

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After World War I, the capitalist system enjoyed a short period of relative stability. Since World War II there has been no such relative stability. The forces of imperialism have been greatly weakened. U.S. imperialism, the main prop of the imperialist system, is also in a state of general decline. The general crisis of capitalism has greatly deepened.

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About Peng Zhen

Peng Zhen (Chinese: 彭真) (October 12, 1902 – April 26, 1997) was a leading member of the Chinese Communist Party who served as the leader of the party organization in Beijing following the victory of the Communists in the Chinese Civil War in 1949 and later served as the inaugural head of the Central Political and Legal Affairs Commission and chairman of the Standing Committee of the National People's Congress, from 1980 to 1988.

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Many Peking operas of the past portrayed emperors and kings, generals, ministers, scholars, beauties, lords and dowagers, young gentlemen and ladies; they prettified the exploited classes and denigrated the working people. Very few plays were staged on contemporary revolutionary themes. Over a long period in the past Peking opera in the main served feudalism and capitalism. Many attempts were made to reform Peking opera, and a number of plays were successfully revised, but at the current Festival of Peking Opera on Contemporary Themes we are witnessing for the first time reforms that are so comprehensive and systematic, so rich in content and well received by the broad masses of the people. This is indeed a revolution in Peking opera.

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The path U.S. imperialism is taking now is the same path Hitler took in his day. Its aggressive ambition far surpasses Hitler’s, but it is weaker than Hitler, the disparity between strength and ambition being greater. Today it finds itself in an ever worsening strategic position.

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