Income inequality. It’s a dirty term, but someone has to use it. Unless you’ve been actively hiding from any conversation, headline, or news report involving wealth and income inequality, you probably already know that the income gap between the mega-rich and the “regular folk” has grown exponentially since the 1970s. Yeah, yeah, yeah. Tell you …
Tag: Capitalism
Jun 17
Looking Back on China (2): Socialism or Capitalism?
“No matter if it is a white cat or a black cat, as long as it can catch mice, it is a good cat.” It was probably the most influential quote of Deng Xiaoping, the Chief Architect of Chinese Reform and Opening, who further interpreted that “Do not restrict yourself from the difference between Socialism …