Word: socialism
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Dates: during 2000-2009
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...There are weaknesses to Beijing's great plan. For example, cheap Chinese goods flooding the continent sacrifice African jobs, sparking a backlash against the Chinese presence. Corruption is serious, institutions are weak and political risk in various African countries remains high, meaning the possibility of social and economic breakdown is real. No one will bet their house on continued growth in many African countries. But the West should take note: China has a plan to seize the advantage should the African consumer take flight...
Long and Johnson contribute their innovative mode of thinking to the fact that they are both Social Studies concentrators, and they believe that their distinctive outlook will serve them well if elected to the UC leadership...
...virtue of Social Studies,” said Johnson, “we read Freud, and we’d be pretty good at interpreting dreams [of the student body] in order to make them in a reality.” In fact, in response to their absence from a UC Presidential debate last week, the campaign sent out a press release that, according to Long, centers on a “Foucauldian critique of the dominant discourse and power structures...
...problem, says Hedrick-Wong and other economists, is that the average Chinese still faces too much uncertainty about the future to spend more freely. China's social safety net systems remain weak, forcing Chinese families to squirrel away large sums to care for elderly parents, pay rising medical bills and prepare for retirement. Aware of the problem, the Chinese government has been taking steps to beef up welfare programs to alleviate the financial burden faced by Chinese families and loosen their purse strings. Beijing, for example, is undertaking a three-year, $125 billion program to build hospitals and clinics...
...President Barack Obama's November visit to China. President Hu Jintao and the rest of China's top leaders clearly agree with Washington that the country's consumers need to spend more. Pressure from Obama to speed that process along by, for example, continued improvements in China's social safety net, might be met with nods of approval. But Obama will only be able to press Beijing so hard. China's policymakers are still wedded to supporting the country's valuable export industries. Any suggestions from Obama that would result in a drastic shift of the economy away from exports...