China Flirts With Universal Basic Capital; US Flirts With Universal Basic Income

Chinese yuan and U.S. dollar banknotes are seen in this illustration taken on Feb. 10, 2020. Dado Ruvic/Illustration/Reuters

Commentary

As the Chinese Communist Party (CCP) cracks down on everything, from video games to the housing sector, Party leader Xi Jinping has called on the country to strive toward “common prosperity.”