Yasheng Huang
In the early 1980s, rural Chinese workers saw their incomes surge amid the country’s economic liberalization. It was the beginning of one of the most remarkable feats in history as hundreds of millions of Chinese citizens rose out of poverty. But while many watched in awe, one high-ranking official in the Chinese Communist Party was worried by what he saw happening.
Deng Liqun (no relation to Deng Xiaoping, China’s leader at the time, who had initiated the economic reforms) noticed that many rural businesses had started to hire a large number of workers. Deng, citing Das Kapital by
No comments:
Post a Comment