Tuesday, Mar 02, 2010

Home-Owner-Ism, Chinese style...

BBC: China editorials call for end to residency permit rules

Over here, the "haves" (who own a home) like to shut out the "have nots" (via planning restrictions, reductions in property taxes, mortgage subsidies etc all funded by taxes on productive economy). Over in P R China they are a bit more blatant about it: "The hukou system registers every Chinese citizen according to their household origins as either town dwellers or country peasants... Since economic reforms began 30 years ago, many Chinese migrant workers have left the land to contribute to the country's rapid growth and industrialisation. But they remain registered as rural dwellers and are not entitled to the same welfare as their city counterparts."

Posted by mark wadsworth @ 10:37 AM (298 views) Add Comment

1 Comment

1. Grizzly Bear said...

This sounds suspiciously like the unfair Settlement Act, mentioned in "The Wealth of Nations" by Adam Smith.

Thursday, March 4, 2010 04:07AM Report Comment
 

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