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Hong Kong

Growth Sans Growth~II

It seems democracy and capitalism no longer go together. We have so far believed that democracy gives people freedom of choice, an essential prerequisite for economic activities to flourish. The question is if this is the true face of neoliberal capitalism, would we want to look at it? Should we not think instead how a possible transition to reduced consumption, reduced production and reduced profit can be made compatible with social security and stability while fulfilling the basic human needs that modern living demands?

China’s choice

China will almost certainly tighten its grip over the protectorate of Hong Kong with Sunday’s election of John Lee, a staunch supporter of the government in Beijing, as the chief executive, indeed the key office in the island territory.