No less than Russian President Vladimir Putin has declared the neoliberal order"obsolete."
The few who govern take care of the interests of everyone else, especially the weak and underprivileged. Technocratic elites celebrate robotics and artificial intelligence, but forget how working in the"gig" economy, more and more people become independent subcontractors, who face uneven and uncertain income, but with growing expenditure from health care and education costs for their young.According to one survey, only about 39 per cent of Americans have US$1,000 in savings to cover emergencies and one-fifth would borrow from credit cards to cover emergencies.
These algorithms reduce complexity to sound bites or video cartoons, creating the illusion that you can have anything you want instantly . If not, you simply network to those who think alike, creating digital crowds that feed your grievances. Indeed, there are groups that go round the world teaching the young how to protest and create the digital mob!
As FT.com columnist Martin Wolf aptly puts it,"people increasingly think of their elites as incompetent, or crooks."
For hongkongers to accept China, the latter must implement good policies to improve the lives of the middle n lower income groups.. Example affordable housing for all hongkongers..