TOPIC: Tools » Institutions » National » China » Dom. Policies » Social » Labour Market » Equal Opportunities
Category
articles
Date
2011-02-20
Actor
Chovanec, Patrick
Source
Business Insider
Uploaded date
2011-09-23
Uploaded by

The True Nature of Inequality in China

The author gave the point that "... government officials have far too dominant a role in picking winners and losers in almost every walk of life. Lack of accountability, combined with a natural tendency to favour family and friends, gives rise to a vicious cycle where influence begets money and money buys influence … In other words, it’s the power wielded by government officials, not the absence of it, that’s fueling inequality and fanning popular discontent." (Quoted from article)

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