{"id":136756,"date":"2012-05-24T00:01:03","date_gmt":"2012-05-24T07:01:03","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/?p=136756"},"modified":"2012-05-24T00:25:23","modified_gmt":"2012-05-24T07:25:23","slug":"china-richer-but-not-happier","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2012\/05\/china-richer-but-not-happier\/","title":{"rendered":"China Richer But Not Happier"},"content":{"rendered":"
At American Public Media’s Marketplace, Kai Ryssdal and Rob Schmitz discuss a recent study from the University of Southern California<\/a> which suggested that rising incomes in China are failing to bring greater happiness<\/a><\/strong> to broad swathes of the population. Rising prices and growing income inequality appear to be undermining any expected gains, and may be sowing the seeds of social unrest.<\/p>\n Ryssdal:<\/strong> \u2026 Somebody\u2019s making money.<\/p>\n Schmitz:<\/strong> Right. Developers are obviously making a lot of money. And of course the government of China itself is getting rich and that\u2019s something that irks a lot of the people I spoke to. In the past five years, much of China\u2019s economic growth has come from building infrastructure. The party has spent hundreds of billions of dollars on this and most of these contracts have gone to state-owned companies. So in other words, the government is giving money to itself. So one man I spoke to was really frustrated with this.<\/p>\n Man speaking<\/em><\/p>\n<\/blockquote>\n Ryssdal:<\/strong> \u201cNothing\u2019s OK,\u201d right? Everything is not all right.<\/p>\n Schmitz:<\/strong> Nothing is OK. So he\u2019s saying that the Communist party originated from the poor, but now has basically left the poor behind. He\u2019s a security guard who makes $5 a day and he lives in a 30-square-foot apartment with his wife and his daughter and he isn\u2019t happy at all. So I asked him. I said how could the government improve the situation in China. And so get this, he said that China should start a war.<\/p>\n Ryssdal:<\/strong> No, come on. Really?<\/p>\n Schmitz:<\/strong> Yeah. And I said with whom and he said it doesn\u2019t matter.\u00a0<\/p>\n<\/blockquote>\n\n
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