Monday, June 10, 2019
Social mobility in China.
So far, the Communist Party leadership has only addressed the most extreme manifestations of inequality -- high-level corruption and rural poverty. It has not tackled a wide range of social, economic and institutional barriers to social mobility that affect hundreds of millions of people across the country.
- Members of China’s middle class are already approaching the limits of their upward mobility.
- The social credit system could evolve in a way that exacerbates the divide between the economically advantaged and disadvantaged.
- The campaign to eliminate absolute poverty will do little to address the problem of relative poverty in urban areas.