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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (178084)	9/10/2021 8:18:26 PM
From: ggersh	1 Recommendation Recommended By marcher Respond to of 219660

Beijing might be telling ameriKKKa capitalism/neoliberalism isn't much to write home about and you know what, we want little to do with it. Proof "trickle down" doesn't work As China Media Project Director David Bandurski has chronicled, under former paramount leader Deng Xiaoping, China’s propagandists turned the argument on its head, suggesting instead that “allowing some peasants to get rich first is a practical policy to achieve common prosperity.” They suggested it would be better to allow some to get rich first and then pull others up behind them. In the decades since, China’s economy boomed and social inequality rose. These twin developments prompted the Chinese Communist Party to launch a war to stamp out poverty. Beijing commendably succeeded in eradicating extreme poverty in China earlier this year. Even so, there still are still some 600 million workers who live off a monthly income of $154 or less. The fact that a poor population nearly twice the size of the full population of the United States lives alongside a wave of first-generation billionaires and millionaires who consume nearly half of all luxury goods sold globally creates complexities for social cohesion in China. And more proof that "self made" needs a shitload of help from the beginning