2 ms·
Dude there's 1 billion people in China, you can't just say, ok lets make everybody middle class. Have you any idea what kind of demographic shift that would imp
by light3 18y ago
Dude there's 1 billion people in China, you can't just say, ok lets make everybody middle class. Have you any idea what kind of demographic shift that would imply? Currently around 70% still live in rural areas (figure off top of my head), for good reason, because 1. they would literally not fit into the cities, and 2. you can't just abandon the rural industry.
I would argue that the government has to play a role in controlling population flow and income, its very very scary if you give the same resources to 1 billion people and let them lose, if it works great, but if it fails, well that will be an epic fail.
Already in this economic crisis there is rumors of potential civilian riots due to loss of jobs, we're talking about the maybe less then 50 million (5% of population) rural workers who may lose their jobs due to closing factories. Imagine if the government gave incentives for just 10% more of the rural population to move to the cities - this effect would be multiplied many times.