Common prosperity (Chinese: 共同富裕; pinyin: Gòngtóng fùyù) is a Chinese Communist Party (CCP) political slogan and stated goal to bolster social equality and economic equity. Under the leadership of CCP chairman Mao Zedong, common prosperity meant collective ownership.
Common prosperity (Chinese: 共同富裕; pinyin: Gòngtóng fùyù) is a Chinese Communist Party (CCP) political slogan and stated goal to bolster social equality and economic equity. Under the leadership of CCP chairman Mao Zedong, common prosperity meant collective ownership.
Source: Wikipedia "Common prosperity" · CC BY-SA 4.0
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