Karl Marx believed that in an industrialized society, the working class, known as the proletariat would revolt and take over the ruling class, and would in effect, create a classless society. Karl Marx believed this could only happen in an industrialized society. Once it became apparent that the working class would not rise above, Lenin intervened and confirmed Marxism obsolete in Russia. Since the late 1920's the Chinese Communist Party has altered Marxism in China. It became a peasant party with an anti-Marxist petty-bourgeois viewpoint and through all the fluctuations of the left and right turns of world Stalinism, it kept a utopian and reactionary perspective; in Marxist terminology, reactionary refers to people whose ideas might appear to be socialist, but, in essence, contain elements of feudalism, capitalism, nationalism, fascism or other characteristics of the ruling class. It kept a nationally based and classless socialism, or "peasant socialism,” as worded by Trotsky. To call Mao Tse-Tung’s communist or Maoist, philosophy socialism is an understatement. Though encompassing many Marxist values, China has done a more effective job of forcing the Maoist agenda through more ruthless violence by utilizing the multitude of peasants residing within its borders as a powerful force, unlike Marxism which calls for a series of revolution by means of class struggle and uprising in the proletariat. Though the Maoist ideology had subsisted in China for some years after his time, today it is an important economic force, but is government-run, leaving it unstable without government regulation as the economy is dominated by large state-owned enterprises, but private enterprises also play a major role in the economy. State-owned enterprises are a major source of profit and power for members of the Communist Party of China and their families and are largely favored by the government.…