Heard on the Street: By some measures, Hong Kong is already among the most unequal societies in the world, nate_taplin argues
Hong Kong is in the midst of its worst political violence since the semiautonomous city’s handover to China in 1997. Defusing the crisis—and maintaining its status as a global financial powerhouse and conduit for capital into China—requires urgent action not only on grievances including police accountability and stalled electoral reforms but also on deep, festering problems with the city’s economic model.
That means curbing the power of Hong Kong’s property tycoons and monopolies, finding a government-revenue model that doesn’t...
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