Indigenous Knowledge
90%China’s pre-reform 'iron rice bowl' system guaranteed lifetime employment, housing, and healthcare for urban workers, a social contract rooted in Maoist industrial policy that prioritized stability over profit. This indigenous model was systematically dismantled post-1989 under Deng Xiaoping’s 'socialist market economy,' replacing collective security with individual risk. The current crisis is a direct consequence of this neoliberal rupture, where youth now navigate a labor market designed for capital accumulation, not human flourishing.