The Theoretical Return of Social Security Reform in China

When the financial crisis comes to give a warning to the whole world, we have to rethink the negative impact on the social security reform in China caused by the Neo-liberalism. With the core idea of privatization and being fully market-oriented, the Neo-liberalism misled the social security reform in China deviating from the ideology of solidarity and mutual-aid. Therefore, we need Keynesianism that underlies government intervention and social equity, back to show the right direction of social security reform.