When Chinese Communist Party leader Deng Xiaoping formally embraced Neoliberalism in the late 70s it was the final victory for the right-wing within the party. What followed was an opening up of China to Western business for the presumed benefit of all. In reality, China would invert the Maoist principles of the cultural revolution to restructure the country under a system of State Capitalism. The Chinese State, organized and operated by the Communist Party of China, would run the country for its own profit with the Chinese people becoming the State’s property, slaves in effect.

“You’re fired.”

Scary words, for most people.

But for CEOs of American companies, those two scary words still mean an outsized payday.