Commentary Following the death of Mao Zedong, former president and founding father of the People’s Republic of China, more than 40 years ago, his successor, Deng Xiaoping, instituted economic reforms that looked less like classic communism and more like capitalism. It didn’t happen all at once, but gradually. The result was that millions of Chinese were lifted out of poverty. As The Washington Post noted, “Under Deng’s leadership, China abandoned the ideological structures of the past and embraced policies founded on practicality and experience. … These policies unleashed the creative and entrepreneurial potential of the Chinese people and allowed China to break out of its self-imposed isolation.” Now comes current President Xi Jinping, who is conducting a war on private enterprise by reversing the economic successes China has enjoyed since reforms were instituted. A Wall Street Journal examination of Xi’s speeches and writings concludes the Chinese president believes “private capital now has been allowed …