Poverty, unemployment, homelessness, and overcrowding stalk more and more Hong Kong citizens. The United States is pushing for regime change, but that won't change anything for the better. In this half-hour video about the Hong Kong riots, and more about the US attempts at regime-change there than you will hear elsewhere, Michelle Greenstein gives a rundown on the social problems that have made the Hong Kong poor ready to riot. Although Greenstein talks about wealth inequality and the need for better distribution, she fails to identify what it is about Hong Kong's system that has caused these massive social disparities and housing shortfalls. The Hong Kong inheritance system is probably a major contributor to Hong Kong's wealth disparity and homelessness, however. Hong Kong's system is similar to Australia's and that of most American states. Inherited from Britain, it allows parents to disinherit their children and to leave property to anyone they choose.[1] This permits the alienation of property from families and its aggregation within corporations, other families or individuals, in fewer and fewer hands. The people lose control of the place. It is in this way that property speculation has come to rule over democracy in Hong Kong. The Hong Kong population and property growth lobby has taken over by engineering Hong Kong's population growth, with immigration numbers about three times as high as natural replacement numbers since 2014. A pretext, as in Australia, is that immigrants are needed to combat 'population aging'. We can see that Hong Kong citizens have been trying to control things from their side by having lower and lower birth rates, but the ruling classes have simply overruled them by pushing high immigration, to push up housing prices, despite the homelessness this creates. The rules for immigration are similar to Australia's, especially in the encouragement of foreign students to apply for permanent status.[2] Foreign domestic workers make up 4% of Hong Kong's population! [3]
Recent comments