Two words can save our turbulent world: social contract. The social contract of the past three decades has died. We need to create a new one.
Ronald Reagan and Margaret Thatcher, Deng Xiaoping and Narasimha Rao may not have agreed on a lot. But they all shared the mood of the time, best captured by Deng’s memorable phrase: “To get rich is glorious”. The rich would get richer but the poor would get richer too. Everyone believed this fervently.
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