China’s ancient thinkers knew about the dangers of inequality. “Rulers need not worry about scarcity, but unevenness,” said the “Analects”, a collection of sayings attributed to Confucius, a philosopher of the 6th and 5th centuries BC. China’s leader, Xi Jinping, uses the language of Mao Zedong, but the message is the same. He calls for “common prosperity”, warning that in the West, wealth gaps have caused dangerous social divisions.
The Economist
