Common Prosperity: Vision or Campaign?

Andrew Collier ()
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Andrew Collier: Pine Court

Chapter Chapter 2 in China’s Technology War, 2022, pp 11-25 from Springer

Abstract: Abstract Common Prosperity was the social program that was a twin to the policies restricting the growth of the platform companies. It was a “soft” slogan that would corral a collection of policies around a common theme, one that would appeal to both the government bureaucracy and the ordinary Chinese citizen. However, it was widely perceived as having a historical relationship to the Cultural Revolution when ideology dominated private life. This chapter discusses the historical roots of common prosperity, its political function as a populist campaign for Xi Jinping, and why it was unlikely to have much of an impact on the lives of Chinese citizens. However, precisely because it is relatively costless and relies on the power of the Party for implementation it is likely to continue for the foreseeable future.

Keywords: Distribution of income; Communist Party; Wang Huning; Jiang Zemin; Great Leap Forward; Cultural Revolution; Han Wenxiu; Xi Jinping; Charity; Platform economy (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-3042-3_2

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DOI: 10.1007/978-981-19-3042-3_2

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