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Why don't China people believe in social security?
Historically, developed countries are facing a strong social demand to establish a social security system in the process of industrialization. Social security and other systems, the people have been fighting for many years. The problem is that ordinary people must trust a system when they hand over their hard-earned money. The best way to build this trust is to let them have the right to speak, participate in this system, and make them feel that they have control over this system. The baby boomers in the United States are bonded by the social media, and now they are relieved to retire because they know how much control they have over the system.
Confucius said, "People can't stand without faith". However, in China tradition, such "faith" is often implemented in personal morality. Social security and social security need ordinary people to invest for decades to see returns. Such a long time is beyond the term of any government, and often even beyond the life of the rulers. It is not enough to rely solely on personal morality. It is not enough for the government to keep its promise. To win the trust of the people, only a reliable system can be established.
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