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China’s Sacrificed Social Democracy for State Capitalism
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China’s Sacrificed Social Democracy for State Capitalism

Un-Diplomatic
Nov 24, 2023
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Un-Diplomatic
Un-Diplomatic
China’s Sacrificed Social Democracy for State Capitalism
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Hope everyone’s holidays are going well. I wanted to pass along some food for thought in the form of some very smart, contrarian research.

The conventional wisdom is that Chinese economic growth the past 40 years has led to record-breaking reductions in poverty. Not so fast.

That claim is based on World Bank measures of poverty as arbitrary income lines …

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