(Letter) Disasters and Values
People are angry and worried. Company executives are panicked. Government officials are scared.
But what are the causes of these disasters, common causes of these disasters? Punishment of those responsible are not sufficient for preventing future occurrences. A deep soul search is necessary.
As I see it, China’s fast developing market capitalism has surpassed the slow evolution of the complex and backward state system. It has also surpassed the slow evolution of its citizens’ value system.
A value system that can provide positive reinforcement to economic development and check unfettered pursue of self-interest. A value system based on compassion, pursuit of truth, and personal initiative.
Without a well-functioning government system and a modern value system on the part of its citizens, China can’t move forward on its next stage of advancement.
China’s economic reform has hit a bottleneck.
Political reform and renewal of fundamental values are required now.
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