
Sources : http://accjjournal.com/files/2011/04/April11-POV-Dean.jpg
It is now more than thirty years since China's leaders considered the issue of poverty in their country. In 1979, D?ng Xi?op?ng set the target to modernize China by proclaiming the Wealthy Society policy (Xiaokang Society), stating that Chinese people will now live more comfortable lives, free from worry and the daily fight to survive.
But D?ng's attempt to create wealth for the elite seems to have led China into a trap. In his book, ?The Affluent Society,? published in 1958, J.K. Galbraith criticized a conceptual emphasis on GDP growth and USD productivity, questioning if GDP really did improve the quality of people?s lives toward better lifestyles.