ABSTRACT
However, we must never think that to put proletarian politics in command means that we can do without economic work, economic accounting, cost reduction, and increased accumulation. If we think so we will fall victim to the cunning scheme of the class enemies. The profits of enterprises are an important source of revenue for a socialist country. The receipts (profits, taxes, and so on) from the state-owned economy amount to about 90 percent of the budgeted national revenue of our country. If enterprises fail to fulfill the plan by not turning in their profits and taxes on schedule and in full, or if they even create unnecessary losses, national revenue and the planned socialist construction will be affected. In managing enterprises we must give prominence to proletarian politics and mobilize the broad masses of workers to vigorously grasp revolution, energetically promote production, launch the movement of increasing production while practicing economy, and "save every penny for war or the revolutionary cause, and for our economic construction." We must oppose the phenomenon of a lack of seriousness in the management of production and finance, and oppose the incorrect tendency of indifference to state properties and of extravagance and waste under the pretext of "though the meat is rotten, it is still in the pot." We must establish the new socialist practice of "practicing economy is an honor, engaging in waste is a shame." We must properly manage finance for the country in order to boost accumulation as much as possible and to accelerate socialist construction.
