Abstract After the founding of the People's Republic of China, we, persevering in taking the socialist collectivist road, recorded higher achievements in bettering the material life of the broad masses of the people, promoted the development of our social morality and trained large numbers of new socialist men. All these experiences are rewarding and have played an indelible role in the socialist construction. However, we at the same time committed two kinds of faults--taking one-sided approach to problems and seeking absolute perfection. These two faults we must not overlook when we are adher...