China Pursues Common Prosperity As US Inequality Grows
In this segment of By Any Means Necessary, Sean Blackmon and Jacquie Luqman are joined by John Ross, the senior fellow at the Chongyang Institute for Financial Studies at the Renmin University of China and author of the new book, “China's Great Road: Lessons for Marxist Theory and Socialist Practices” to discuss China’s recent push for redistribution of wealth, the gulf in responses between US and Chinese economic elite to income inequality, and the development of common prosperity in China and how China’s socialist system can facilitate that.