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WHAT do we mean by social progress? That is the theme explored by the International Panel on Social Progress, a group of over 300 academics, including Nobel Laureate Amartya Sen. After four years of work, its report has finally been published last month by Cambridge University Press, with a useful summary at www.ipsp.org.
Having visited Washington DC, London and Beijing in the last fortnight, the eerie feeling is a perspective of confused existentialism. In Washington, the mood is “My Way or No Way”; in London, “If Brexit, May Exit”, and in Beijing, “One Belt, One Road”.
AS we move deeper into the 21st century, a new generation has emerged today to take over. It’s Generation Z, which includes persons born between 1995 and 2002 – also termed iGen by US psychologist Jean Marie Twenge, author of the bestselling: “iGen: Why Today’s Super-Connected Kids Are Growing Up Less Rebellious, More Tolerant, Less Happy – and Completely Unprepared for Adulthood – and What That Means for the Rest of Us.”
The pending Nasdaq debut of China’s Luckin Coffee Inc begs the question of whether it’s a purveyor of beverages, or a technology company.
SHENZEN: China will support Shenzhen, adjacent to Hong Kong, in building a pilot demonstration zone for socialism with Chinese characteristics, under a guideline issued on Sunday (Aug 18) by the Central Committee of the Communist Party of China and the State Council.
Hong Kong boasts a free flow of information, trade and capital, as well as rule of law, in line with international standards but has been rocked by anti-government protests. Shenzhen operates under a hybrid market and state-directed system, but Beijing is keen to turn the tech hub into a modern ‘socialism with Chinese characteristics’ city.