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A Solution to the “Easterly Tragedy” in Antipoverty Efforts: The “Chinese Wisdom” in Poverty Alleviation
Sun Yongmei
Teaching and Research
2021, 55 (5):
51-64.
Hundreds of millions of poor people in the world are still struggling against hunger and poverty. Given the logical defects of the Western neoliberal theoretical system and the inherent institutional problems revealed in the antipoverty efforts of Western countries, it is difficult for these countries to fundamentally eliminate poverty. For Western countries with private ownership, there is no solution to the “Easterly tragedy”, either in theory or in reality. In contrast, with decades of efforts, China has created a world miracle in poverty alleviation: more than 800 million people have been lifted out of absolute poverty based on the current poverty standard. This provides, in theory, a solution to the “Easterly tragedy” in Western countries, abandons in practice the logical problems of neoliberalism, and shows the world the Chinese advantage and the “Chinese wisdom” in poverty alleviation. Theoretically, the “Chinese wisdom” starts from the Marxist antipoverty thoughts. Its theoretical value rests upon the guiding role of the socialist economic theory with Chinese characteristics, which has been successfully verified in the antipoverty practice. Its practical value lies in that it not only manifests the continuously improved institutional foundation of antipoverty efforts and the scientific mechanism of economic operation in socialist countries, but also advocates to the world an approach of reducing poverty through cooperation in order to build a povertyfree community with a shared future for mankind.
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