I feel like this is a response to chinas rise. The west has a lot of inefficiencies that were never really tested before. Think ceos paying themselves huge amo

I feel like this is a response to chinas rise. The west has a lot of inefficiencies that were never really tested before. Think ceos paying themselves huge amounts for short term thinking (Boeing), a lot of people living off generational wealth and not needing to contribute meaningfully, many examples of rent seeking, governments subsidising big businesses in response to political donations, etc. Not that china doesn't have problems but it’s clear there’s now a competitor. The temptation here is to work the few who actually contribute even harder. Bump the working days, push retirement age up until it’s non-existent but whatever you do don’t touch the elite.