Put fairness at heart of public policy
In Hong Kong, we have long been grappling with the issue of fairness, but to no significant improvement. The retail monopolies of big businesses and corporations are cases in point.
Sadly, the all-pervasive influence of unfairness is affecting our lives.
Our government is to blame for its regimented mentality in planning public policy.
With the long-standing vision that economic growth is the primary means of raising social capital, most public policies are geared towards the creation of social wealth, followed by redistribution of resources to the needy.
Such a mentality is not without problems.
From 2004 to 2008, while Hong Kong saw a steady increase in economic growth, the wealth gap continued to widen.
